Inheritance Tax Ireland Set for Major Changes in Budget 2025
Tuesday, 1 October 2024, 15:00
Understanding Inheritance Tax Ireland Changes
The upcoming Budget 2025 puts inheritance tax ireland in the spotlight as the government proposes substantial adjustments. The key announcement is that inheritance tax thresholds are set to increase to €400k. This initiative aims to ease the financial burden on families.
What This Means for Families
- Higher thresholds mean more individuals can receive wealth without tax implications.
- Increased thresholds could benefit many families across Ireland.
- This change reflects the government's effort to modernize tax policies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.