As we enter into a new year, farmers should ask themselves “what can I claim when it comes to tax breaks or deductions and how do I reduce my tax bill in 2017?"
Because every farmer is different, there’s no easy answer to this complicated question.
However, there’s a long list of tax-saving tips that can reduce taxable income. Farmers should use every available tax-saving tip to which you’re entitled, because overlooked tax
deductions are wasted
opportunities.
From reducing your income tax, to ensuring that inheritance tax and capital gains tax allowances are best used to reduce your taxable income, this is a must read for all
farmers.
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Use this Focus supplement and decide which ones are
applicable to you, and which ones to take advantage of.
To help farmers decide this is the definitive list of the 50 best tax deductions and tips for 2017.
Thanks to Declan McEvoy, head of tax with IFAC for his contributions to compiling this supplement.
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How do you save money on tax?
Because every farmer is different, there’s no easy answer to this complicated question.
However, there’s a long list of tax-saving tips that can reduce taxable income. Farmers should use every available tax-saving tip to which you’re entitled, because overlooked tax
deductions are wasted
opportunities.
From reducing your income tax, to ensuring that inheritance tax and capital gains tax allowances are best used to reduce your taxable income, this is a must read for all
farmers.
Use this Focus supplement and decide which ones are
applicable to you, and which ones to take advantage of.
To help farmers decide this is the definitive list of the 50 best tax deductions and tips for 2017.
Thanks to Declan McEvoy, head of tax with IFAC for his contributions to compiling this supplement.
If you would like to speak to a member of our team, please call us on 01-4199525.
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