QI’VE

Sunday Independent (Ireland) - Business & Appointments - - FRONT PAGE -

in­her­ited a prop­erty from an aunt. I’d like to hold onto it as a pos­si­ble hol­i­day home but I sim­ply don’t have the money to cover the €60,000 in­her­i­tance tax bill. Do banks of­fer loans to fund in­her­i­tance tax bills? Or could I strike a deal with the Rev­enue Com­mis­sion­ers where I re­pay the tax bill monthly over the next few years? I’m re­luc­tant to sell the prop­erty so that the tax bill can be set­tled. Sor­cha, Kin­sale, Co Cork BANKS do of­fer loans to pay in­her­i­tance bills. An­other op­tion is to pay the tax in monthly in­stal­ments, over a five-year pe­riod, to the While we will en­deav­our to place your ques­tions with the most ap­pro­pri­ate ex­pert for your query, this col­umn is not in­tended to re­place pro­fes­sional ad­vice.

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