Q I received an inheritance in the early 2000s of a property valued at €250,000, which was within the thresholds at that time. My last remaining parent died several years later and left a sum of money that was then divided among the family. By then, thresholds had dropped and so I ended up paying Capital Acquisitions Tax (CAT) on that money. I sold the property recently and there is a Capital Gains Tax (CGT) liability on the sale due this year. As I have paid CAT already, can this be allowed as a deduction credit against my CGT liability now?