Making Lifetime Gifts to Reduce Inheritance Tax
Inheritance tax can quickly reach a significant amount depending on the value of the inherited estate (with the exception of the surviving spouse or civil partner (PACS), who is exempt from inheritance tax, subject to certain conditions). When a child of the deceased inherits, they benefit from an allowance of €100,000 on their share of […]
Differential Contribution on High Incomes
The Differential Contribution on High Incomes (“DCHI”) was introduced by the 2025 Finance Act. The DCHI was initially intended to apply for one year only. However, the 2026 Finance Bill seeks to make this new tax permanent in a context of deteriorating public finances. The DCHI applies to individuals receiving substantial income, notably from investment […]