Revenue eBrief No. 163/20

28 August 2020

Stamp Duty: relief for young trained farmers and certain leases of farmland

The Stamp Duty Tax and Duty Manuals Transfers of land to young trained farmers (Section 81AA SDCA 1999) and Relief for leases of farmland (Section 81D SDCA 1999) have been amended to include the Bachelor of Science in Agricultural Science awarded by Tralee Institute of Technology in the list of approved courses.

In addition, the Tax and Duty Manual on Relief for leases of farmland has been amended to reflect the increased EU state aid limit of €20,000 (previously €15,000) that now applies to this relief.