Protection sought on capital taxes relief

It was confirmed this week that there were 40 submissions to the agri-taxation consultation, a joint operation between the Department of Finance and the Department of Agriculture.

Views were sought on current agri-taxation reliefs, exemptions and policy initiatives, and what changes should be made.

On capital taxes — these being capital gains tax, stamp duty and gift or inheritance tax (known as capital acquisitions tax or CAT) — the submissions were a mixed bag.