Estate Duty

Agricultural Relief

A form of ‘Agricultural Relief’ can apply to agricultural property where the net value of an estate is €12,697 or more. The relief comes from the application of an ‘artificial value’ or Poor Land Value’ (PLV). You obtain the rateable valuation used for calculating the PLV from the Local Authority. On receipt of this information Revenue will calculate an Assessment of Estate Duty. The PLV can be used on condition that either:

  • the total net value of the estate (including the artificial value) does not exceed €3,809.21
  • or
  • the rateable valuation of the land exceeds the rateable valuation of the buildings.

To apply for the relief, the completed Form A(X) and Form D1 should be sent to the National Capital Acquisitions Tax (CAT) Unit. Supporting documentation from the Local Authority, as mentioned above, must accompany Forms A(X) and D1.

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