Every family member inheriting an asset should be treated equally, MEP saysJames CoxFianna Fáil MEP Billy Kelleher has said that inheritance tax exemption allowances should be combined for all family members to "end discrimination and increase fairness". Kelleher, an MEP for Ireland South, said that he agrees with Taoiseach Micheál Martin that reform is needed in the system. “At present, a person can cumulatively inherit €460,000 under the three difference grades without paying inheritance tax. “In many cases, it will force them to sell off the asset, usually a home, just to pay the tax bill." He added: “What I think needs to happen is all a person’s allowances to be combined into one pot and treat all people inheriting from family members equally.

Source: Irish Independent March 23, 2026 14:19 UTC