Inheritance Tax at record high
As reported in the Irish Times today, inheritance tax collected by the Exchequer in 2018 has reached a record high of €466.3 million, up by 10% on the previous year. This sharp increase is due to increased growth in property prices and the unchanged tax free...
Thousands of families face huge inheritance tax bills as home values rise
An article issued on independent.ie highlights the details contained in a recent survey completed by Coyne Research. ‘The survey shows 84pc of people in Ireland don’t know the current inheritance tax rate, which could seriously affect inheritance for their...
Inheritance paid on assets worth €1.4bn in 2017
In Monday’s Irish Times (14th May 2018), it was reported that new figures show inheritances and gifts worth over €1.4bn were subject to inheritance tax last year. The Revenue Commissioners have released figures showing receipts for CAT (Capital Acquisition tax) rose...