The value for probate is €720,000 and the agent is asking me what is my inheritance tax allowance. Can you explain what the rules are for inheriting money from my mother’s estate in Dublin and living in the UK? Inheritance tax is a self-assessed tax in Ireland and not really an issue for an estate agent. This is called the category A threshold under the Capital Acquisitions Tax (Inheritance Tax) regime. For you, it is likely that, as a UK tax resident, it will be the UK capital gains tax exemption that applies.

Source: The Irish Times December 09, 2018 16:52 UTC