186. Deputy Michael McCarthy asked the Minister for Finance with regard to the forthcoming budget and the promotion of on-farm investment, encouraging new entrants, increasing land mobility and tackling volatility if consideration will be given to the retention of the 90% agricultural relief and capital gains tax retirement relief to support the transfer of viable family farms; if further consideration will be given to the relaxation of the CGT retirement relief maximum 15 year leased land requirement in exceptional circumstances; and if consideration will also be given to the introduction of a phased transfer partnership model providing tax relief to farm holders during the period of transfer of farm assets, the extension of the land leasing income tax exemption scheme to include incorporated farm companies and the removal of the requirement for qualifying lessors to be aged over 40 and the retention of stamp duty consanguinity relief for transfers between family members for non-residential transfers. [36446/14]

Summary

186. Deputy Michael McCarthy asked the Minister for Finance with regard to the forthcoming budget and the promotion of on-farm investment, encouraging new entrants, increasing land mobility and tackling volatility if consideration will be given to the retention of the 90% agricultural relief and capital gains tax retirement relief to support the transfer of viable family farms; if further consideration will be given to the relaxation of the CGT retirement relief maximum 15 year leased land requirement in exceptional circumstances; and if consideration will also be given to the introduction of a phased transfer partnership model providing tax relief to farm holders during the period of transfer of farm assets, the extension of the land leasing income tax exemption scheme to include incorporated farm companies and the removal of the requirement for qualifying lessors to be aged over 40 and the retention of stamp duty consanguinity relief for transfers between family members for non-residential transfers. [36446/14]

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• Budget 2015

  xml · EN · 30 September 2014

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