Budget 2021: Stamp Duty relief extension will help young farmers

‘Land fragmentation is an obstacle for young farmers in border, midlands and western region’
Budget 2021: Stamp Duty relief extension will help young farmers

'Minister Donohoe has made an important move in the commitment to young farmers.' Picture Denis Minihane.

The extension of Consanguinity and Consolidation Relief for the transfer of agricultural land to family members has been warmly welcomed by Macra na Feirme.

Consanguinity relief - which provides for a reduced 1% rate of stamp duty on land transfers - was due to expire at the end of this year but was extended for a further three years to December 2023 by Finance Minister Paschal Donohoe in today's Budget.  

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

Farming

Newsletter

Keep up-to-date with all the latest developments in Farming with our weekly newsletter.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited