Revenue eBrief No. 120/23

19 May 2023

Extension of certain stamp duty relief schemes for farmers

Section 81AA of the Stamp Duties Consolidation Act (SDCA) 1999 provides for relief from stamp duty on transfers of land to young trained farmers.

Stamp Duty Manual Section 81AA: Transfers to young trained farmers has been updated to reflect recent amendments to section 81AA by Finance Act 2023, as follows:

  • the extension of young trained farmer relief to 31 December 2025.
  • to comply with EU State aid rules, a reduction from four years to three years in respect of the period of time that a person may obtain a relevant farming qualification after acquiring land and qualify for relief under section 81AA. 

The Stamp Duty Manual Section 81C: Further farm consolidation relief has been updated to reflect the extension of the relief until 31 December 2025, which was also provided for by Finance Act 2023.