NEW STAMP DUTY RELIEFS AVAILABLE FOR FARMERS.

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On the 1st of July 2018, stamp duty will no longer be chargeable on long-term agricultural leases once the conditions to avail of the relief have been satisfied.

Upon the relevant Commencement Order being passed, as and from the 1st of August 2018, stamp duty relief for farm consolidation will apply a rate of 1% as opposed to the rate of 6% provided the land has the relevant criteria to quality including the Farm Restructuring Certificate.

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