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Ronan
Ronan, Attorney
Category: European Law
Satisfied Customers: 1954
Experience:  Attorney
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my son (resident in England is marrying a girl (resident in

Customer Question

my son (resident in England is marrying a girl (resident in portugal) in Portugal on July 13th . I want to help out with the wedding to the sum of 10.000 euros . How can I do this without being liable for tax?
Submitted: 1 year ago.
Category: European Law
Expert:  Ronan replied 1 year ago.
There is no tax liability on a sum of €10,000.00 gifted to your child. The threshold before a child would become liable to Capital Acquisition Tax is €250,000.00. As for you. there is no tax implications for you giving a gift
Customer: replied 1 year ago.

I don`t think I mentioned that we live in Madrid : I presume your answer applies to Spanish law too.

Expert:  Ronan replied 1 year ago.
If he is resident in the UK then that is the jurisdiction that deals with the tax so it is not relevant where the money comes from

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