Dáil debates

Thursday, 13 February 2025

Ceisteanna Eile - Other Questions

Tax Code

3:10 am

Photo of John ConnollyJohn Connolly (Galway West, Fianna Fail) | Oireachtas source

I thank the Minister for the response. We are all aware when proposing any change that it must be balanced against other areas within the Exchequer. The concern is that some people are entering a phase of their lives where they must give consideration to this issue. Our worry is that what they are passing on to their relatives is as much a tax burden as an asset. There should be some consideration of that point. Consideration should be afforded by bringing forward some type of equity in respect of the inheritance of somebody's principal private residence. If a family is going to leave their home to a descendant, we should bring greater equity to the thresholds for that purpose.

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