Property
Amendments on income tax relief for leasing farmland will not apply to anyone who inherits or is gifted land.
Agri-Business
The renewal of consanguinity relief and consolidation relief under the stamp duty code in the Finance Bill 2020 has been welcomed.
Proposed changes to tax reliefs revealed in the Finance Bill will create additional challenges for young farmers, according to Bill Gleeson.
The decision to introduce a cumulative lifetime cap of €70,000 on the amount of tax relief that can be availed of by farmers is set to cause "huge stress".
