000 00987cam a2200217 4500
001 WB3808-26
008 020227n2002 000 0 eng u
035 _a(Sirsi) u116877
245 _aNew look for farm sales
260 _c2002
490 _aFarmers Guardian
_v 22 February 2002, 43(1)
520 _aFarm sales will be affected by the introduction of 75% business asset taper relief on capital gains tax. This will avoid the practice of rolling-over: instead sellers will be able to pay a minimal tax bill and free funds for a wider range of investment rather than reinvesting in a new, qualifying asset, ie another farm or piece of land within 3 years in order to avoid paying 40% in capital gains tax.
590 _aWB
650 _aCAPITAL GAINS TAX
650 _aPROPERTY-RURAL AND NATURAL ASSETS-AGRICULTURAL PROPERTY-AGRICULTURAL LAND
650 _aAGRICULTURAL INVESTMENT
650 _aFARMLAND MARKET
650 _aFARM SALES
690 _aPROPERTY
942 _n0
999 _c69614
_d69614