1) Identify those genuinely farming and differentiate those using farm land as a tax shelter both at the Corporate level, and also in the scenario listed above
2) Revisit the thresholds currently announced
3) Give a transition period for people to plan for succession
1) Identify those genuinely farming and differentiate those using farm land as a tax shelter both at the Corporate level, and also in the scenario listed above
2) Revisit the thresholds currently announced
3) Give a transition period for people to plan for succession
200 acres * 11,300 = 2.25m
Farmhouse conservative value 600k
So even without machinery, livestock, property and buildings, unharvested crops (all currently covered by BPR) would bring a small farm into the mix
200 acres * 11,300 = 2.25m
Farmhouse conservative value 600k
So even without machinery, livestock, property and buildings, unharvested crops (all currently covered by BPR) would bring a small farm into the mix