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A Client has leased agricultural land under a ‘Master Lease’ dated April 2007 & under the terms of this lease was to be renewed every 5 years thereafter.This is in fact what occurred & the same farmer has leased the land since then.He now wishes to sell to that farmer.The owner was a farmer for more than 10 years prior to leasing & was aged 60 at the time of that first lease.
Do you see any difficulty with obtaining retirement relief in this case ?.
Kind Regards,
Frank Hanley.

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Asked on 19 November 2018 11:16 am