Coveney Welcomes Focus on Agri-Food Sector in Finance Bill 2012

“Finance Bill 2012 builds on the Government’s commitment to the agri-food sector as announced in the Budget and features a number of new initiatives that will be of further benefit to a wide range of interests in the sector.”

The Minister for Agriculture, Food and the Marine, Simon Coveney TD, has welcomed the publication of the Finance Bill. “The Finance Bill 2012, published today includes several significant measures which will benefit the agri-food industry, including:

• New stock relief incentive for farm partnerships 
  
• Reduced stamp duty on agricultural land transactions
  
• Restructured Capital Gains Tax retirement relief “

Date Released: 08 February 2012

Full Deatils :
http://www.agriculture.gov.ie/press/pressreleases/2012/february/title,61130,en.html