How to make sure you qualify for Agricultural Relief on farm transfers
When transferring a farm, this relief could save hundreds of thousands in tax – provided the recipient qualifies for it and remains qualified
It is vital for many to qualify for Agricultural Relief.
Most people considering a transfer of the family farm will know the term ‘Agricultural Relief’ — and the importance of qualifying for it.
What many people do not know is how to qualify and how to remain qualified for the required six-year period.