These allowances are determined by reference to four categories of legatee. The categories and allowances for 2012 onwards are as follows.
|Group||Relationship with the Deceased||Euros|
|I||Children, issue and adopted children of less than 21 years of age :- Basic allowance of:||15’956.87|
|increased for every year the taxpayer is below the age of 21 by||3’990.72|
|Subject to a maximum of||47’858.59|
|II||children or adopted children of 21 years or more,spouses,ascendants and adoptive parents||15’956.87|
|III||collaterals of the second and third degree,Ascendants and descendants by affinity.This group includes brothers, nephews, uncles, parents‑in‑law, sons and daughters‑in‑law.||7.993.46|
|IV||Persons who are more distantly related to the deceased and persons having no relationship at all with the deceased.||Nil|
Please note: The information contained in these pages is given without charge and without responsibility. It is not a substitute for proper professional advice which we shall be happy to give if so instructed.