Irish TD Proposes Raising Gift Exemption for Housing Deposits

An Irish TD is advocating for an increase in the gift exemption to €5,000, which would allow parents to assist their children with housing deposits without impacting their lifetime inheritance thresholds.

28 Jun, 05:30 — 28 Jun, 05:30

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the-journal11h ago

Call to raise gift exemption to €5k so parents can help with deposits without reducing inheritance

TD Cormac Devlin says parents should be allowed gift €10,000 in total, without touching the lifetime thresholds.

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Irish TD Proposes Raising Gift Exemption for Housing Deposits

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Call to raise gift exemption to €5k so parents can help with deposits without reducing inheritance

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