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Kerry Fine Gael councillor calls for increase to inheritance tax thresholds

Aug 25, 2023 13:19 By radiokerrynews
Kerry Fine Gael councillor calls for increase to inheritance tax thresholds
Cllr Michael Foley (Fine Gael), Listowel area Kerry County Council. Photo By Domnick Walsh © Eye Focus LTD
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A Kerry Fine Gael politician is calling for inheritance tax thresholds to be increased.

Ballylongford councillor Michael Foley says when people who inherit have to pay tax on that, it amounts to double taxation.

He says people should be able to inherit properties or cash or other items, and be able to do what they want with them.

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He feels the inheritance tax thresholds should be increased in the budget, so that people don’t have to pay as much tax when they inherit.

 

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