Inheritance Tax Shift for Childless Heirs | Belfast News

The government is pushing to overhaul inheritance tax for childless heirs, proposing a universal €460,000 tax-free threshold that could save millions in tax revenue but cost the state nearly €537 million. Meanwhile, a separate plan to extend the same €400,000 tax-free allowance to nieces and nephews now estimates a €349 million price tag. Both Fianna Fáil and Fine Gael are backing these changes, signaling a major push ahead of Budget 2027 to fix an inequitable system that leaves many without children feeling shortchanged. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a01d8c07e67b9e4d