Details of Succession Partnerships in Finance Bill

Following on from Budget 2016, the Finance Bill which contains the legislative changes was published in the past week.

It’s a case of the devil being in the detail when it comes to some of the key changes announced in this year’s budget.

Looking at two changes of particular relevance to farmers; firstly Section 3 of the Finance Bill introduces a new earned income tax credit which is worth up to €550 per annum to the self-employed.