318. Deputy Jim O'Callaghan asked the Minister for Finance if, in addition to increasing the inheritance tax threshold for children in budget 2017, he will increase the threshold for siblings, which is currently at the low sum of €30,000, in circumstances where this penalises, in particular, siblings who have no children who wish to leave monetary assets to other siblings who also have no children and no source of income in order that the surviving sibling may be provided for in their old age. [26040/16]

Summary

318. Deputy Jim O'Callaghan asked the Minister for Finance if, in addition to increasing the inheritance tax threshold for children in budget 2017, he will increase the threshold for siblings, which is currently at the low sum of €30,000, in circumstances where this penalises, in particular, siblings who have no children who wish to leave monetary assets to other siblings who also have no children and no source of income in order that the surviving sibling may be provided for in their old age. [26040/16]

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• Tax Code

  xml · EN · 16 September 2016

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