Finance minister rules out requested tax and stampduty concessions

What will be in next week's Budget for farmers?
Finance minister rules out requested tax and stampduty concessions

Finance Minister Paschal Donohoe will reveal Budget 2021 next week.  Picture: Gareth Chaney/Collins

Few can expect giveaways in next Tuesday’s Budget, after  Finance Minister Paschal Donohoe warned of exceptional circumstances arising from Covid-19, forcing the Government to draw down its €1.5 billion Rainy Day Fund.

For farmers, two such giveaways were ruled out last week, when Mr Donohoe shot down requests for certain changes in inheritance tax rules and stamp duty on farmland that could help farmers.

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