Dáil Éireann Debate, Thursday - 30 April 2026
256. Deputy Peadar Tóibín asked the Tánaiste and Minister for Finance the amount it would cost to extend the tax-free threshold for Inheritance tax for nieces, nephews, brothers, sisters or grandchildren to be increased from €40,000 to €300,000 and for all other relationships (such as in-laws, cousins, friends and non-relatives) to be increased from €20,000 to €200,000. [31588/26]
View answerThe following response is drafted on the basis that the Deputy is referring to Capital Acquisitions Tax ('CAT') as a whole, which includes inheritance tax and gift tax.
I am advised by Revenue that the cost of increasing the tax-free threshold for CAT for nieces, nephews, brothers, sisters or grandchildren (i.e. the Group B threshold) from €40,000 to €300,000 is estimated to be €308 million.
I am also advised by Revenue that the cost of increasing the tax-free threshold for CAT for all other relationships such as in-laws, cousins, friends and non-relatives (i.e. the Group C threshold) of €20,000 to €200,000 is estimated to be €78 million.
