Retirement Relief

[Brendan Burgess]

Age of retirement age from 65 to 70

Reduce relief from age 70

Effect on jan 2025

Limit on disposal to a child up to age 70

 

[Horatio]

Retire at 70 Urrgh.

I'm off.

 

[redstar]

Isn't retirement age 66 ?

 

[PaddyW]

Compulsory retirement age I imagine, rather than for state pension

 

[RedOnion]

As per thread title, this is specific to 'retirement relief'. Nothing to do with normal retirement, but the maximum age at which a self employed person / business owner can dispose of business assets/ farms, etc and claim retirement relief.

 

[redstar]

Ah right. I'd no idea what 'retirement relief' meant !

 

[ClubMan]

If only there was a way to search the internet for such terms...

Disposal of a business or farm (Retirement Relief)

This page explains about the reliefs for the disposal of a business or farm

www.revenue.ie