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Raise Gift Tax Threshold for Parents
Description
Parents and grandparents want to help kids buy homes or pay tuition—but right now, they’re capped at €3,000 per year per parent, unchanged since the euro’s launch. Advocates say raising it to €5,000 would let young people get €10,000 annually without touching their inheritance tax allowance, easing pressure as housing and living costs soar. This tweak is part of broader inheritance tax reforms aimed at fairness and easing financial burdens on families.
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