Highlights From Lunchtime Live
Inheritance Tax: 'Why should our children have pay for the work we've already done?'
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:22:27
- More information
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Synopsis
A Government-appointed commission on taxation has recommended that there should be a substantial reduction in the amount of money that parents can leave to their children tax free. At the moment a child can inherit €335,000 from their parents before they have to pay tax at 33% - could this be something that should be reduced? Andrea was joined on Lunchtime Live by Rosemary McDonagh, IFA Farm business Committee, Eddie Punch, General Secretary of The Irish Cattle & Sheep Farmers' Association and listeners to discuss how inheritance tax might affect them...