Kerry farmers are being reminded not to miss out on Stamp Duty relief.
It’s after a recent update from Revenue, which means young trained farmers can now avail of the tax relief.
Young farmers who work through a company can qualify for 0% Stamp Duty relief on the transfer of agricultural land, subject to conditions.
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These include; the transferee is under 35 years old on the date of the deed transfer; they hold a relevant agricultural qualification; and does not spend less than 50% of working time farming the land for a minimum of 5 years from the date of transfer.
