Saturday December 14, 2019

Death and a certain tax headache

Lower thresholds mean the tax bill after a parent’s death is no longer only a problem for the very wealthy

22nd August, 2015
Paul Earley is managing director of Earley Consulting

As the Irish economic recovery continues, we are seeing property prices rise, pension funds recover losses and equity based investments increase in value. Good news on the one hand, but the increase in asset values have also raised the headache of inheritance tax for many people.

Inheritance tax or capital acquisitions tax (Cat) has traditionally been a tax only applicable to those people who had accumulated very significant assets. However, that has all changed in...

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