Ipav calls for changes to inheritance tax legislation

A new tax incentive scheme to encourage house hunters to live in rural towns and villages and changes to the inheritance tax to allow people to live in the houses they inherit, were among the reforms called for by Eamon O’Flaherty, incoming president of the Institute of Professional Auctioneers and Valuers (Ipav) when speaking at the organisation’s annual conference yesterday.

O’Flaherty urged radical government intervention in order to breathe new life into decimated towns ...