Everything you need to know about the changes to Retirement Relief
New age limits could save farmers thousands in Capital Gains Tax
‘There is an acknowledgement that people are stepping back or retiring at a later stage, in line with longer life expectancy’ Photo: Getty
Capital Gains Tax has become an issue in many farm property transfers, generally where they involve land or shares in a family company.
This is because the value of agricultural property has continued to rise, while the tax relief thresholds have remained static for many years
