Tax Free Gift Limit 2025 In Ireland 2025. Revenue announced changes to the small benefit exemption in the october 2024 budget briefing. Income tax rates will stay the same (at 20% and 40%), but there will be increases to tax credits and changes to the income tax bands in 2025.
By utilizing the annual and lifetime gift exemption limits effectively,. These benefits must not be in cash and the combined value of the five benefits cannot exceed.