Young Trained Farmer Exemption

Section 81AA of the Stamp Duties Consolidation Act 1999 provides for an exemption from stamp duty where agricultural land (including farm houses and farm buildings) is transferred by way of gift or sale to a "young trained farmer".

The farmer must, at the date of the execution of the deed of transfer-

  • be under 35 years of age,
  • have attained one of the necessary qualifications listed in Revenue leaflet: pdfSD2B - Stamp Duty Relief on Transfers of Land to Trained Farmers (PDF, 121KB),
  • and where required, is the holder of the appropriate certificate(s) awarded by the Further Education and Training Awards Council (FETAC) in respect of Teagasc approved training courses.

Instruments

Conveyance

Lease


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