Inheritance Tax changes - what do you think?

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Andrea Gilligan invites callers to have their say on the topics of the day - get in touch by emailing [email protected] Listen and subscribe to Lunchtime Live Highlights on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'

Inheritance Tax changes - what do you think?

The amount that a person can receive as a gift or inheritance from a relation before having to pay Capital Acquisitions Tax will be increased as part of Budget 2025. Inheritance tax, which is technically known as the Capital Acquisitions Tax (CAT), is a tax of 33% on gifts and inheritances which kicks in at a particular limit. It does not have to be paid if the inheritance does not reach this limit. The threshold when inheritance tax must be paid has been increased from €335,000 to €400,000 for children. Is this fair? Andrea is joined by Jean Cashman, Registered Tax Consultant, Rowena Quinn, Managing Partner at Hunters Estate Agent and listeners to discuss.

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Inheritance Tax changes - what do you think?