Revenue eBrief No. 021/25

24 January 2025

Stamp Duty Manual for Section 81D SDCA 1999 Leases of farmland updated

TDMSection 81D: Leases of farmland has been updated.

Section 81D of the Stamp Duties Consolidation Act 1999 provides for relief from Stamp Duty in respect of certain leases of farmland. It applies in respect of a lease for a term of not less than 6 years and not exceeding 35 years of any lands which are used exclusively for farming carried on by the lessee on a commercial basis and with a view to the realisation of profits.

This relief (being a State aid) is granted in accordance with Commission Regulation (EU) No. 1408/2013 (as amended). The Stamp Duty Manual for Section 81D has been updated to take account of Commission Regulation (EU) 2024/3118 of 10 December 2024 which amended Regulation (EU) No 1408/2013. This amendment increased the allowable ceiling of de minimis aid from €20,000 to €50,000 with effect from 16 December 2024. The manual has also been revised to note that the ceiling applies to the amount of all de minimis aid that is granted in accordance with the Regulation, whether given by way of tax relief or direct grants.