A spate of high-profile land purchases over the last two years has unsettled farmers, and prompted concern and anger in the sector.
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The announcement of an active farmer rule has caused consternation.
The introduction of an active farmer test will have to take account of real-world circumstances.
Tax specialist Declan McEvoy takes a look at how Budget 2025 will impact farmers’ bottom line in different sectors and circumstances.
Up to now, it was only the individual inheriting the land that had to own the land for six years to avail of the relief.
An increase in the CAT to €4m has been favourably received, but new "active farmer" rules for those passing on land a cause of concern.
The upper limit of eligible calves in the Beef Welfare Scheme should have been extended beyond 40 calves, ICSA president Sean McNamara has said.
An overview of the main payments and reliefs for farmers in Budget 2025.
This means that a child, niece or nephew can be gifted or inherit up to €400,000 before they incur gift or inheritance tax.
Mary Lou McDonald says while supports should remain for active farmers, they should not remain open for investors.
