Revenue eBrief No. 074/22

28 March 2022

Stock relief – farming trades

Tax and Duty Manual Part 23-02-02, sets out guidance on a tax deduction for farmers for increases in stock values, which is know as “stock relief” and is provided for by section 666 of the Taxes Consolidation Act 1997. This manual has been updated to reflect an amendment in Finance Act 2021 which extended the availability of stock relief to 31 December 2024.