Question asked:

0
0

Alan I have a client who is in a Nursing Home under the Fair Deal Scheme. His property is occupied by relatives on an intermittent basis for security purposes. There is no rent being paid by the relatives to the tax payer in the N H. Do the relatives have an exposure to Gift Tax assuming that the Rental value of the property is, say, €1,000 per month i.e. if any one relative occupies the apartment for more than 3 months would they then be liable to Gift Tax for any occupation in excess of 3 months? Regards Michael

RESOLVED
Marked as spam
Posted by (Questions: 47, Answers: 0)
Asked on 20 February 2015 2:22 pm
165 views