TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Farm Consolidation Relief

An order giving effect to the provisions of SDCA99 s81C has been signed by the Minister for Finance.

SDCA99 s81C was inserted by FA07 s104 and deals with Stamp Duty relief on instruments executed on or after 1 July 2007 and on or before 30 June 2009, where agricultural land is being bought and sold in the context of consolidating a farm holding. Stamp duty will only be payable on the purchases to the extent that the value of the farm land that is purchased exceeds the value of the farm land that is sold, provided certain conditions are met.