Inheritance tax thresholds may rise in next budget
Speculation mounts that inheritance tax waiver thresholds may rise
The tax-free thresholds that apply to inheritances could soar by up to €125,000 in October’s budget, according to government sources.
Speculation has been mounting in recent weeks that the thresholds would be reviewed in Budget 2016 in light of rising asset values.
The tax-free thresholds that apply for capital acquisitions tax (Cat) have been slashed since 2009, meaning people face a much higher tax bill on inheriting a substantial asset, such as a ...
