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Noel Grealish demands changes to inheritance tax for those without children

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Noel Grealish demands changes to inheritance tax for those without children

Galway Bay fm newsroom - Local TD Noel Grealish is demanding changes to inheritance tax rules for those without children.

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Raising the matter with Tanaiste Leo Varadkar in the Dáil, he said the current system is little more than a "punishment" for people for not having children of their own.

At present, a child does not pay tax on the first €350 thousand - but beneficiaries who are not direct descendants are only entitled to €32,500 tax-free.

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Deputy Grealish told Leo Varadkar the current system is simply wrong - and gave an example of a house in Galway City worth €350 thousand.

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Noel Grealish demands changes to inheritance tax for those without children

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