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M ONT HL Y N EWS L BETTER OF A ANCIENT O ORDER OF H IBERIAN DIVISION 87, P ORT R RICHMOND, P PHILADELPHIA, PA 19124 C CHARTERED A APRIL 14, 1898D DAILY P PRACTICING O UR M OTTO OF F FRIENDSHIP, U
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B eannachta is a financial statement filed with the Irish Revenue Commissioners to report gifts and inheritances received.
Individuals who receive gifts or inheritances in Ireland exceeding specified thresholds are required to file b eannachta.
B eannachta can be filled out online using the Revenue Online Service (ROS) or by submitting a paper form to the Revenue Commissioners.
The purpose of b eannachta is to ensure that gifts and inheritances are properly reported and taxed in accordance with the law.
Information such as the value of the gift or inheritance, the relationship between the donor and recipient, and any applicable exemptions or reliefs must be reported on b eannachta.
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