date
EVENTS
2020
Personal Tax and Inheritance Considerations for Individuals with Interests in Luxembourg, Ireland and The UK
Hôtel Parc Belair, Avenue du Dix Septembre, Hollerich Luxembourg
The British Chamber of Commerce in partnership with Ireland Luxembourg Chamber of Commerce are delighted to invite you to an upcoming event on: "Personal Tax and Inheritance Considerations for Individuals with Interests in Luxembourg, Ireland and/or The UK."
This will take place on Thursday 19 June at 18:30 at Hotel Parc Belair, 111 av du X Septembre L-2551 Luxembourg.
Want to Hear More about Personal Tax and Inheritance Considerations for Individuals with Interests in Luxembourg, Ireland and/or The UK?
Luxembourg, Ireland and the United Kingdom have distinct tax and inheritance laws that significantly impact individuals and independent businessmen.
In Luxembourg, personal income tax follows a progressive system. Independent professionals and investors are taxed similarly. There is no wealth tax for individuals, but inheritance tax applies based on kinship and the location of assets. Real estate in Luxembourg is always taxed locally, regardless of the heir’s residence.
Direct descendants benefit from reduced rates, and business transfers within families often receive tax relief.
The United Kingdom and Ireland both impose taxes on inherited wealth, but their systems differ in structure and thresholds.
Key differences lie in who is taxed—the estate in the UK versus the beneficiary in Ireland—and in the tax-free thresholds and rates. Ireland’s system is more relationship-sensitive, while the UK offers broader estate-based exemptions. These distinctions affect estate planning strategies in both jurisdictions.
For independent businessmen, Luxembourg offers structured estate planning benefits, whereas Ireland’s and the UK’s system focuses on simpler inheritance structures but with higher rates. Choosing between the three depends on personal and business needs, as the three jurisdictions have distinct advantages.
Want to know more?
Join Ken O’Mahony, an international tax and finance expert with a special understanding of the three tax jurisdictions.
The British Chamber of Commerce is grateful to their partner, Ireland Luxembourg Chamber of Commerce, for their support in organising this event.
The evening will begin at 18:30 with registration.
The presentation is scheduled to begin promptly at 19:00.
To close the evening drinks and nibbles will be provided and, as always, the opportunity to meet and discuss with your fellow British & Irish Chamber Members and guests.
The cost of attending this event is: BCC & ILCC Members, €35 and Non-Members, €45.
PLEASE NOTE CANCELLATIONS MUST BE RECEIVED IN WRITING NO LATER THAN 12:00 NOON ON MONDAY 16 JUNE WHERE NO WRITTEN CANCELLATION IS RECEIVED WE WILL REGRETTABLY HAVE TO INVOICE FOR THE COST OF THE EVENT.
REGISTRATION LINK
https://www.bcc.lu/events/upcoming-events/?civiwp=CiviCRM&q=civicrm/event/info&reset=1&id=388
event report