Éamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

One of the ways of increasing taxes is to leave tax thresholds the way they were. A threshold was introduced some time ago where people could give a gift to a child of €3,000 per annum and it was not assessable as part of the lifetime gift to that child in terms of inheritance or gift tax. My question is twofold. When was that threshold set and is it intended to increase the threshold?

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