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Agricultural Relief

  1. Overview
  2. What is agricultural property?
  3. What are the conditions for Agricultural Relief?
  4. How do you calculate the relief amount?
  5. Can Agricultural Relief be withdrawn or clawed back?
  6. How do you claim Agricultural Relief?

Overview

If you receive a gift or an inheritance of agricultural property, you may qualify for Agricultural Relief. This relief reduces the taxable value of the property, including land, by 90%. The relief is subject to certain conditions.

If the agricultural property comprised in your gift or inheritance does not qualify for Agricultural Relief, it may qualify for Business Relief.

Next: What is agricultural property?

Published: 20 June 2023 Print this page

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