Investing wisely is a core component of your financial security, and with this in mind, making use of your Individual Savings Account (ISA) and pension tax efficient allowance can be vital in helping to retain more of your wealth while keeping it away from the taxman at the end of each financial year.
"If you use up to €170,000 of your savings to buy your daughter a starter home while you are still alive, this gift in itself should not trigger an inheritance tax bill for your daughter."