Updated Stamp Duty Manual: Section 81D relief on certain leases of farmland

Revenue has updated the Stamp Duty Tax and Duty Manual for relief for leases of farmland to reflect recent developments.

Section 81D SDCA1999 provides for relief from stamp duty (subject to State aid rules) in respect of certain leases of farmland executed (signed, sealed or both) on or after 1 July 2018. In order to qualify for the relief, a farmer must either hold a relevant agricultural qualification or spend a specified amount of time farming.

Finance Act 2022 inserted a new section 654A in the Taxes Consolidation Act (TCA) 1997, which streamlines how agricultural qualifications are listed and updated for the purposes of various tax relief schemes, including relief on certain leases of farmland.