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Tax

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Action sought to curb farm acquisitions by the super-rich

A spate of high-profile land purchases over the last two years has unsettled farmers, and prompted concern and anger in the sector.

16 October 2024
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Clampdown sought on super-rich buying land

The farm bodies claimed that agricultural reliefs were being used by the country’s wealthiest land owners to avoid paying inheritance taxes.

16 October 2024 NEWS OK
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Explainer: changes to farm transfer relief in Budget 2025

Tax specialist Declan McEvoy looks at what the changes to inheritance relief mean for farmers.

16 October 2024 NEWS OK
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Case study: how the farm transfer tax changes could impact one family

Declan McEvoy looks at how the changes to inheritance tax could impact a farm family.

16 October 2024 NEWS OK

All active farmers must be able to avail of farm transfer relief – ICMSA

Further guidance needed to make sure that those farm families in partnerships or companies are not disadvantaged, the ICMSA has said.

11 October 2024 NEWS OK
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Finance Bill gives clarity on active farmer test for inheritance

Transitional period introduced to allow farmers get arrangements in place to meet conditions.

10 October 2024 NEWS OK
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Details of inheritance tax changes will be key

The announcement of an active farmer rule has caused consternation.

9 October 2024 NEWS OK

Stormont pushes for farm budget increase

Politicians at Stormont have backed calls for the agricultural budget to be maintained in real terms for the duration of the current Westminster parliament

9 October 2024 NORTHERN IRELAND OK

Agriculture relief changes ‘will hinder farm succession’ - ICMSA

The ICMSA is raising concerns about the proposed changes announced by Minister for Finance Jack Chambers to agriculture and retirement relief under Budget 2025.

4 October 2024 NEWS OK