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Hi Alan, Client and sister owned house 50/50 and were paying the mortgage 50/50. Sister has now gifted her share of the house to my client who has taken over her sister's share of the mortgage. My client has also agreed to pay her sister €10,000 in respect of the gift. This is a verbal agreement and to date my client has paid €3,000 to her sister and will pay the remaining €7,000 in a number of instalments over the next 2 years. Can the full €10,000 be included in the CAT as consideration paid for the gift? Any comments or advice would be appreciated. Thanks John

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Asked on 1 November 2017 4:36 pm