Question asked:

0
0

A client small part time farmer, farming circa 5 acres including a farm shed, is retiring and wants to pass on the farming business to his son. The land and shed is valued at approx €60k. Would the parent qualify for retirement relief from CGT and would the child qualify for business relief from CAT? The clients wife also owns approx 11 acres of farm land which she has been letting to a farmer. She wants to pass this land onto another son. This land is valued at approx €120k. Would the parent qualify for retirement relief from CGT and would the child qualify for business relief from CAT?

Marked as spam
Posted by (Questions: 32, Answers: 0)
Asked on 26 February 2019 6:40 pm
66 views