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How farmers can avoid the Capital Gains tax net when transferring land

Retirement Relief measures can help farmers bypass or reduce Capital Gains tax

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The general view that I encounter from farmer clients contemplating a transfer of the farm to a son or daughter is that stamp duty, and possibly gift or inheritance tax, are the main hurdles to be jumped. It's not necessarily so.

Increasingly I am encountering problems with Capital Gains Tax in a variety of situations which are listed in Table A. Generally, potential Capital Gains tax issues are solved by availing of a relief known as Retirement Relief.

This relief is available to farmers over 55 years and, despite the fact that it is called retirement relief, it does not mean that the farmer has to retire to avail of it.


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