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Calls for inheritance tax threshold to be increased

The Government are being called on to raise the threshold for the inheritance tax. The current figur...
TodayFM
TodayFM

4:33 PM - 18 Jan 2015



Calls for inheritance tax thre...

News

Calls for inheritance tax threshold to be increased

TodayFM
TodayFM

4:33 PM - 18 Jan 2015



The Government are being called on to raise the threshold for the inheritance tax.

The current figure is 225 thousand euro, after which the person who inherits must pay a 33 per cent charge.

It was lowered from 381 thousand euro after the economic crash, when house prices began to fall.

Fianna Fail Councillor in Dublin Jim O'Callaghan says this is an issue that affects all classes of people:



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