Revenue eBrief No. 007/19

15 January 2019

Finance Act 2018 amendments to Stock Relief provisions

Tax and Duty Manuals Part 23-02-01, Part 23-02-02 and Part 23-02-09 (which deal with general Stock Relief and Enhanced Stock Relief for young trained farmers and farmers in Registered Farm Partnerships) have been updated to take account of amendments in Finance Act 2018.

The period for which Stock Relief is available has been extended to 31 December 2021.

In addition, provision was made to take account of EU State Aid requirements in relation to the ceiling on the amount of aid of €70,000 which may be granted to certain young trained farmers.