Revenue eBrief No. 230/21 – Relief for certain income from leasing of farm land


Revenue eBrief No. 230/21

20 December 2021

Relief for certain income from leasing of farm land

Tax and Duty Manual Part 23-01-23 – Relief for certain income from leasing of farm land – has been updated to confirm that “lease”, “lessee”, “lessor” and “rent” have the same meanings respectively as in Chapter 8 of Part 4.

New examples have been included in section 5 to clarify the position –

  • where a lessee dies and rights under the lease are assumed by a successor in title (Example 3), and
  • where a lessee retires and rights under the lease are assigned to another person (Example 4).

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