IFA calls for protections for farm tax exemptions

The IFA say that tax relief measures in place to help farmers need to be protected in Tuesday’s budget.

The Irish Farmers’ Association says the current Capital Acquisitions Tax relief rate of 90 per cent for agricultural property gifted to, or inherited by active farmers needs to remain in place.

The association is also calling for new dedicated funding to support farmers to produce renewable energy as part of reducing their carbon emissions to meet targets.

IFA President Tim Cullinan says agricultural tax relief rates need to stay in place…

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