We will discuss a recent case that involved Retirement Relief and farming. This case is not only relevant to farmers but to business owners too. It came up on my news feed last night and piqued my interest. How much tax was in play? What were the circumstances and who won? I got stuck into
Tag Archives: retirement
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This relief applies on the disposal of your business assets once you are over 55 provided certain conditions are met. There are two different reliefs, one on the disposal of business assets outside of your family and the other on the disposal of assets to family members. Despite the name of the relief there is
Tax tips for over 65’s – Part 2! Over the weekend I brought my kids into the cinema to see an animated film called “Sing”. This is usually an opportunity for me to catch up on lost sleep but this film got me hooked from the very beginning and I have to confess to loving
Tax tips for over 65’s – Part 1 At different times during the year I will have some banter with my brother over the EU grant he will get to pay his tax bill and pension or the special tax advantages for farmers that the rest of us mere mortals are denied! Thankfully the tax
