The Journal·3 min read·medium
Inheritance tax overhaul for people who don't have children would cost State hundreds of millions
A
Andrew Walsh
✦AI Summary
The Irish Department of Finance has warned that changing inheritance tax rules for people without children would cost the state hundreds of millions of euros. Proposals to create a single lifetime tax-free threshold of €460,000 are being reviewed ahead of the 2027 budget.
DEPARTMENT OF FINANCE officials have warned that proposals to overhaul inheritance tax rules for people without children would come at a “significant” cost to the Exchequer and leave far fewer people liable to pay the tax.
politicseconomy
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