Gay Mitchell
Ceist:118 Mr. G. Mitchell asked the Minister for Finance if he will confirm that probate tax is not due in the circumstances of a person (details supplied) in Dublin 12. [11151/00]
Written Answers. - Probate Tax.
I am informed by the Revenue Commissioners that, as no probate tax return appears to have been lodged, it is not possible to say with certainty whether liability to probate tax will arise in this case.
The general position is, however, that a dwelling house passing to a dependent child or dependent relative is exempt from probate tax, provided the dependent child or relative had been residing in the dwelling house at the death of the deceased and had an income not exceeding the specified amount. For the tax year 1999-2000 the specified amount was £4,848.
To qualify as a dependent child, the child must have been under the age of 18 years, or, if over 18, in full time education.