Agricultural Relief

60watt

Registered User
Messages
44
If I am gifted a farm from my father valued at €500,000 and I satisfy all the criteria for 'Agricultural relief', the value of the inheritance is reduced by 90% to €50,000.
Assuming this is the only gift I have received in the Group A Threshold, can I at some later stage take another gift/inheritance from my father
up to €335,000 - €50,000 = €285,000 without capital gains tax
 
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