Revenue eBrief No. 046/24
20 February 2024
Stamp Duty Manual "Part 7: Section 81AA - Transfers of land to young trained farmers" updated
Stamp Duty Manual Part 7: Section 81AA - Transfers of land to young trained farmers provides guidance on the application of section 81AA of the Stamp Duties Consolidation Act 1999. Section 81AA provides for a relief from stamp duty in respect of transfers of agricultural land to young trained farmers, where certain conditions are met.
The document has been revised to clarify the circumstances in which the relief can apply where the land is conveyed or transferred into joint ownership.
The revisions have been made as follows:
- revised material in sections 2.2 and 3.3,
- deletion of example 3 from section 3.3.4 and
- revision of example 6 in section 3.3.4.