Did you make a gift in 2024? If so, you must file a gift tax return before March 1, 2025. This is because gift tax returns must be filed before March 1 of the year following the year of the gift. This declaration obligation applies when an amount higher than the exemption is donated, when an increased exemption is invoked or when assets are donated with application of the business succession regulation (BOR).
In 2024, the following main exemptions applied:
| Relationship | Amount of exemption |
| Children | € 6.633 |
| Increased exemption children general | € 31.813 |
| Grandchildren | € 2.658 |
| Other | € 2.658 |
Therefore, have you donated an amount higher than this in 2024 or do you wish to claim the increased exemption? Then contact your Govers contact person as soon as possible, via our contact form on the website, or call our general telephone number 040 - 2 504 504. We will then ensure that the relevant gift tax returns are prepared and submitted on time.