Revenue eBrief No. 107/22 – Stamp Duty Tax and Duty Manual "Section 81D: Leases of Farmland" updated

Revenue eBrief No. 107/22

10 May 2022

Stamp Duty Tax and Duty Manual “Section 81D: Leases of Farmland” updated

Section 81D of the Stamp Duties Consolidation Act 1999 provides for relief from stamp duty on leases of farmland. The relief, which is intended to encourage more productive use of farmland, constitutes an EU State aid.  It is granted in accordance with Commission Regulation (EU) No 1408/2013 of 18 December 2013 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid in the agriculture sector. In accordance with the Regulation, a ceiling  is imposed on the amount of ‘de minimis’ aid that any one farmer or farming entity can receive over a 3-year period.  This has an impact on the amount of relief that may be obtained under section 81D.

Stamp Duty Tax and Duty Manual Section 81D: Leases of Farmland has been updated in the introduction, part 4 and part 5 to reflect changes to the maximum amount of ‘de minimis’ aid that may be granted under the 2013 Regulation.

Call now to book a free consultation