Intense efforts underway to reduce impact of farm inheritance tax changes: As real-life examples reveal potential impact
Minister for Finance Jack Chambers indicated in Budget 2025, that the person providing the land (‘the donor’) must meet the 6-year Active Farmer test for the beneficiary to benefit from Agricultural relief’.
The government’s proposed changes in the Budget to inheritance tax relief for farms could have major consequences for some farm families.
Intense lobbying efforts are now underway to limit the impact of the changes to genuine farm transfers.
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