Inheritance tax changes when will bring more small farms into tax net when land is transferred

LAST week, we looked at how there has been a massive increase in the rate of inheritance tax over the past two years.

Based on a simple example of a transfer of €600,000 of cash from parent to child, the increase in inheritance tax has been €93,509.

I mentioned previously that there are two other specific reliefs which augment the calculations, where there is a transfer of land.