Agricultural

Just as it applies to transfers of commercial land and buildings, stamp duty can also arise on transfers of farmland and could, in the absence of any reliefs or exemptions, also apply to transfers of single farm payment entitlements.

There are, however, a number of reliefs and exemptions, e.g. relief for transfers to young trained farmers, farm consolidation relief, etc., available in respect of certain transfers of agricultural property and we can assist clients in determining their entitlement to and claiming such reliefs / exemptions.