Navigating Ireland's Most Unfair Tax: 9 Strategies to Minimise Inheritance and Gift Tax In this episode of the Ask About Wealth podcast, we delve into the complexities of Ireland's inheritance and gift tax, detailing its history, current rates, and thresholds. We explain why this tax is considered unfair and higher than ever, largely due to thresholds that haven't kept pace with inflation. Moreover, we highlight nine legitimate methods to avoid or minimise this tax, including key reliefs such as Dwelling House Relief, Agricultural Relief, and Business Assets Relief. Additionally, we cover Section 72 insurance policies to manage tax liabilities efficiently. Tune in to learn how effective financial planning can significantly reduce your tax burden. 🇮🇪 Ask About Wealth helps high-earners in Ireland keep & grow wealth 📱 Book a 1-1 consult & financial plan 🔑 Join the Masterclass ✉️ Join the newsletter 🎙️ Listen to the pod https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
