Calculator – estimate how much gift tax you must pay
The amount of gift tax is affected by the fair market value of the gift and the tax bracket of the recipient. The bracket is determined by how the donor is related to the recipient.
You can use the gift tax calculator to make preliminary calculations of how much you must pay.
You must add any gifts you have received from the same donor in the past 3 years. If you have paid gift tax on the earlier gifts, you can subtract it from the calculator’s result.
No gift tax needs to be paid if you receive a gift worth less than €5,000. However, getting a gift worth €5,000 or more necessitates payment of gift tax for the full value of the gift.
Information on tax brackets and gift tax tables
Gift recipients’ tax brackets depend on their family relation with the donor. There are two brackets. To be in gift tax bracket 1 means lower taxes.
- a spouse or a partner in a registered partnership
- a co-habiting partner who has (or has had) a child with the donor, or who has previously been married to or in a registered partnership with the donor
- an heir of the donor – adoptive children and parents are treated in the same way as biological relatives in descending or ascending line (child, grandchild, parent, grandparent, etc.)
- an heir of the donor's spouse or registered partner in the direct descending line (child, grandchild, etc.)
- a child, grandchild, etc. of a deceased spouse, i.e. their lineal descendant
- a child, grandchild, etc. of an ex-spouse, i.e. their lineal descendant – even if the donor or the child's parent has remarried.
Gift tax table
Calculate the gift tax based on the total value of the gift. This means that although gifts are free of tax up until the threshold of €5,000, you must not deduct the tax-exempt part of €4,999 from the fair market value of the asset. The tax-exempt part has already been deducted in the tables below.
| Value of gift, € | Tax at the lower limit, € | Tax rate (%) for the exceeding part |
|---|---|---|
| 5,000–25,000 | 100 | 8 % |
| 25,000–55,000 | 1,700 | 10 % |
| 55,000–200,000 | 4,700 | 12 % |
| 200,000–1,000,000 | 22,100 | 15 % |
| 1,000,000– | 142,100 | 17 % |
Example: You receive €30,000 as a cash gift from your grandmother. The tax on €25,000 amounts to €1,700. For the part going over €25,000 – in other words, for €5,000 – the tax percentage is 10%, resulting in €500 of tax. You pay €2,200 in gift tax.
- any relatives who are more distant than those who are in the first bracket
- non-relatives, non-family members.
Gift tax table
Calculate the gift tax based on the total value of the gift. This means that although gifts are free of tax up until the threshold of €5,000, you must not deduct the tax-exempt part of €4,999 from the fair market value of the asset. The tax-exempt part has already been deducted in the tables below.
| Value of gift, € | Tax at the lower limit, € | Tax rate (%) for the exceeding part |
|---|---|---|
| 5,000–25,000 | 100 | 19 % |
| 25,000–55,000 | 3,900 | 25 % |
| 55,000–200,000 | 11,400 | 29 % |
| 200,000–1,000,000 | 53,450 | 31 % |
| 1,000,000– | 301,450 | 33 % |
Example: You receive €30,000 as a cash gift from your sister. The tax on €25,000 amounts to €3,900. For the part going over €25,000 – in other words, for €5,000 – the tax percentage is 25%, resulting in €1,250 of tax. You pay €5,150 in gift tax.
Retained rights of possession, reduced tax
Read more about valuation of possession rights