Finance Bill ‘very costly’ for young farmers

Declan McEvoy, head of tax at the ifac professional services firm, has warned that the current draft of the Finance Bill contains some very costly provisions for young farmers.

By Stephen Cadogan

He said if the Bill is not amended to address these issues, it will turn the young farmers stamp duty relief from being a relatively simple relief into a massively complicated one which will not be kind to the up and coming new generation of farmers.