Stamp Duty on land transfer

[Blue Thunder]

For agricultural land that is being transferred from mother to son worth €150k does the full 6% rate of stamp duty apply or are there any exemptions to avail of?

 

[RedOnion]

There are potentially a few reliefs, depending on your circumstances.

Are you under 35 and a farmer? If so you might not pay stamp duty.

Stamp Duty changes made to inter-family farmland transfers

Changes have been made to planned hikes to commercial stamp duty in order to limit the number of farmers hit by the new 6pc rate.

www.independent.ie

Otherwise Consanguinity relief will apply if you meet the conditions, either farm it or lease it to a farmer, and pay 1%

[broken link removed]

 

[Blue Thunder]

Over 35 so it appears as though that relief is not relevant. It appears as though the consanguinity relief is relevant though. Thanks.

 

[galway_blow_in]

Thought it was waved for the under forties?