Fairer Inheritance Tax System
As your local Councillor and a Fianna Fáil candidate for the next Dáil election, I want to share my thoughts on the recent increase in the Inheritance Tax threshold to €400,000 announced in Budget 2025. While this is a positive development that acknowledges the reality of rising property values and offers much-needed relief to families, I believe there’s still more work to be done.
This update is a step in the right direction, but we must recognise that many families could still face significant challenges, especially when their primary asset is their family home. It’s crucial that our inheritance tax system evolves to reflect modern property values and the unique circumstances of families in Dublin Rathdown.
I am committed to advocating for further reforms that ensure our inheritance tax system is fairer and more equitable. No family should face undue financial burdens simply for passing on their home to their children. Together, we can work towards a system that supports families during what can be an emotionally challenging time.