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100% stock relief start date

WexTK · 2012-02-29 18:45:08

Hi lads, I'm a young trained farmer that has entered a partnership with my father this year. Does this mean that this is the starting year of my 100% stock relief or can I hold back from claiming the relief until I begin to farm on my own outright in 2 years when I will still be under 35 years old? Thanks in advance for…

29-02-2012 6:45pm

#1

WexTK

Closed Accounts Posts: 153 ✭✭

Join Date: March 2011

Posts: 83

Hi lads,

I'm a young trained farmer that has entered a partnership with my father this year. Does this mean that this is the starting year of my 100% stock relief or can I hold back from claiming the relief until I begin to farm on my own outright in 2 years when I will still be under 35 years old?

Thanks in advance for any clarity in this regard.

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Comments

#2 29-02-2012 8:14pm

epfff

Registered Users, Registered Users 2 Posts: 1,428 ✭✭✭

Join Date: March 2010

Posts: 1371

Simular but different story here a while back.
Best help I got was when I called to local tax office in person.they are very helpful if you get the right person

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