Our monthly video series delivers clear, jargon-free answers to our clients’ most pressing questions in just under three minutes.
Earlier this week, Minister for Finance Jack Chambers announced the Government’s plans to increase the Standard Fund Threshold (SFT) to €2.8m in four equal phases each year between 2026 and 2029. In a Budget 2025 Special edition of The Big Question, Catriona Coady, Head of Tax, examines this planned increase.
“The announcement at least ends some speculation in relation to a proposed increase. In addition, the lump-sum formula will be capped at €500,000 and not 25% of the SFT and this change will be introduced in the Budget,” Coady explains.
She also explores some of the most pressing questions our clients have ahead of Budget 2025, including anticipated changes to the taxes that impact succession planning and how investments are taxed.