I am looking for an update in relation to the Taoiseach's plans on dealing with inheritance tax in the upcoming budget. It is believed that approximately 1 million people in Ireland do not have children. That is for many reasons - maybe life choice, medical or simply their personal choice. Under the current inheritance tax threshold, if a parent leaves a property or investment, there is a threshold of €400,000 but if an aunt or uncle leaves their property or investment to their niece or nephew, their threshold is 10% of this amount. This is simply unfair and is actually discriminating against people who do not have children. Since the boom in 2007, there has been no change to the threshold despite property prices increasing by 25%. As society changes and property prices increase, and as people have already paid their taxes to build their homes and invest, can we look at a fairer and more equitable scheme to address these fundamental issues?

Sentiment score: -0.06