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Explainer: changes to farm transfer relief in Budget 2025
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Tax specialist Declan McEvoy looks at what the changes to inheritance relief mean for farmers.
11 October 2024 News
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.
2 October 2024 News
Minister keeps door open to further tightening of agri reliefs for investors
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.
Budget 2025 in figures for farmers
An overview of the main payments and reliefs for farmers in Budget 2025.
1 October 2024 News
ESRI says residential zone land tax should go ahead immediately
In its latest quarterly commentary, the ESRI acknowledged there would be financial implications for some farmers if the RZLT was to go ahead.
26 September 2024 News
Tirlán suppliers spending €90m leasing land
Brian Hanrahan, head of milk pool development, said that the cost of renting land equates to about 3c/l.
25 September 2024 News
Budget talks to go down to the wire
Budget 2025 is coming down to the wire in being firmed up, but there is very little room to fund new measures in agriculture.
25 September 2024 News
Finance minister says farmers must be excluded from land tax
Minister for Finance Jack Chambers has said that all three Government parties have set out that they want to exclude active farmers from paying residential zoned land tax.
17 September 2024 News
Active farmers must not be impacted by zoned land tax – Noonan
Residential Zoned Land Tax is aimed at activating land and stopping land hoarding, Minister Noonan has said.
17 September 2024 News
IFA demands solution to RZLT
The IFA want the government to present their detailed proposal to remove farmers from liability to the Residential ZOned Land tax on their farmland
28 August 2024 News
Land tax on farmland is unfair, says Chambers
Minister Chambers added that his sole objective is to bring a solution forward which ensures that active farmers are not liable for this tax and that land hoarders are taxed.
28 August 2024 News
IFA chief Gorman calls for urgency in getting Budget 2025 funds flowing
The IFA president has stated that the timeframe around mobilising funding pledged in the upcoming budget will be crucial for farmers.
26 August 2024 News