Revenue have published an Information Leaflet (SD2B) on stamp duty relief on transfers of land to young trained farmers. Deeds of transfer executed on or after 2 April 2007 and on or before 31 December 2008 are exempt from stamp duty where the transferee meets certain conditions. The Information leaflet provides details on the relief, including:

• Meaning of “young trained farmer”;
• Conditions which must be met in order for the relief to apply;
• Transitional arrangements;
• Transfers into joint names;
• How to apply for the relief;
• Availability of refunds;
• Clawback of reliefs;
• Application of penalties.

A copy of the Information Leaflet is available at http://www.revenue.ie.