Taxing bank of Mum and Dad

Sir, – Revenue is now targeting the "bank of Mum and Dad" ("Tax changes clamp down on bank of Mum and Dad", November 8th). At a time when house prices are sky-high, the very banks we bailed out are barely lending, the only option left for our children to get on the property ladder is financial support from the bank of Mum and Dad.

Parents don’t want to provide financial support, but we do want our 30-plus year-old children out of the home.

This approach by Revenue shows how out of touch it is with reality and through this policy the Government will bite the hand that traditionally votes for them. – Yours, etc,

SUSAN SPENCE,

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Foxrock,

Dublin 18.