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Money Mentor: succession – the options


Selling the farm.
Leasing some or all of the land.
Transferring the farm to a family member or child.
Whatever you decide, ensure you get all the necessary specialist expert advice, such as that from a tax consultant, accountant and solicitor, to make sure you make the most tax-efficient, informed and relevant decision for you and your personal circumstances.
Selling the farm
Most family farms in Ireland are inherited, only about 5% of farms are sold. If you decide to sell your farm you may be liable to capital gains tax (CGT). CGT is a tax you pay on any profit/gain made when you dispose of an asset (such as land). ....

Property Services Regulatory Authority , Succession Farm Partnership , Therefore Marie , Farm Partnership , Basic Payment Scheme , Property Services Regulatory , Money Mentor , Cl Ifjhome , Succession Planning , Margaret Nolan , ப்ராபர்டீ சேவைகள் ஒழுங்குமுறை அதிகாரம் , அடுத்தடுத்து பண்ணை கூட்டு , பண்ணை கூட்டு , அடிப்படை கட்டணம் திட்டம் , ப்ராபர்டீ சேவைகள் ஒழுங்குமுறை , பணம் வழிகாட்டி , அடுத்தடுத்து திட்டமிடல் , மார்கரெட் நோலன் ,