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The proposal is to allow each individual to choose for themselves to either keep the Group A tax relief that already exists or to claim some/all of it against income tax. How would giving the same tax relief to everyone be punitive?

Are these not just the cases that breach the threshold? So there were also X number of inheritances below the €335,000 cut-off (and not captured in the report) where people got 100% relief on the CAT that would have been due. I don't know what that theoretical lost CAT revenue is but it would be...

The point is that some people will work, some won't, depends on circumstances and stage of life, nothing necessarily to do with being work shy. The 100k when I was 25 would have gone to building savings for a deposit. The 100k in my 40s/50s, I'm off on holidays. If we are going to give tax...

Like a lot of people, I have had a paying job in some form since before my junior cert. If someone gave me €100k for nothing, I would absolutely take a year off work and enjoy myself. On the other hand, if I got a €100k tax credit to be used over 10 years I would maximise my earned income...

Each person in a couple can each receive €335,000 from their parents, hence: "A couple ... can receive €670,000 from their parents tax free."

33% is proportionate. Is a 6-figure handout from a parent to a child not a disincentive to work/create wealth? We can reward people by taxing their work less. Surely the right thing (both politically and economically) is to go and earn one's own income? If someone wants a €110k tax relief on...

CSO says the median value of inheritance is €99,200 and the median value of gifts was €15,900. €130k is above average and many would find it life-changing. If my parents are rich, they give me a house worth €300k, I pay no tax on that, even though I have done nothing to earn it. If my...

My view is that taxes should not be deliberately punitive but they can be used to promote public policy. So we get tax breaks for contributing to pensions because this encourages people to pay in more and hopefully makes them less dependent on the state in later life. I have seen many cases...

There is a big sentimental element too - it's hard enough to lose a parent without also having to say goodbye to the family home.

Absolutely, I am thinking mainly about the spirit of it rather than the practical and public policy nuance that would inevitably have to be considered.

I expect restaurants hit by things like this may start to request a card to be swiped on arrival or if the order is above a certain amount.

Maybe like the help-to-buy, people would have to work for say 3 years and could then start claiming. But you would have to earn about €55k before your tax contributions hit €10k, so it would mean a lot of people not paying any income tax for many years. A big hit to the exchequer. I'm sure it...

As a republic, we should be moving away from the idea of wealth being handed down within nuclear/genetic family lines - that's a shadow of the landed gentry. Individuals should have the same opportunities and benefits from the state, regardless of birth, and work should be incentivised over...

Why would people being handed a large inheritance be allowed the full €110k but someone working for their money only get the average? None of us can control who is in our Group A. We can all theoretically earn extra money by working more, changing jobs, upskilling, etc. But the €110k potential...

I suspect it would be very costly for the exchequer though as then every worker would be entitled to it but not everyone gets an inheritance. And do you start it from 2025 for all 18 year olds? Could anyone over 19 sue the state? [Mary-Lou, if you are reading this, please include 1980s babies...]

Yes, remove the threshold. €111k pot available from 18/21/after first paycheck/after first year of work. But spread out over a few years, otherwise people could work tax free and then skedaddle to Australia? It's not that everyone should pay huge taxes or no-one-should pay anything, just that...

Each person has a personal CAT exemption so the number of siblings is less relevant. The average number of children per household now is between 1.4 and 2 at the moment, and trending down, while house prices increase. So we are becoming even more unequal where the child from a home-owning...

You've made the point many times I think @Purple that we tend to tax work far more than other income/wealth. It just doesn't make sense to give people a tax break on unearned income, particularly when it tends to come later in life. Most of us are hopefully well into our careers, have bought...

I came across this article on social media: Ask an expert: My mother died and left me the family home – how can I afford the inheritance tax bill without selling it? (Irish Independent) The comments online were eye-opening. 99% of people seemed to believe that there should be 0% "inheritance...

I've been reading quite a bit about eir's unbelievable antics: Judge labels Eir a ‘disgrace’ after court heard customer service manuals warned staff not to obey law I learned today that eircom relocated to Jersey, Channel Islands, back in 2014. Its company number there is 116389 and its...