Dáil Éireann Debate, Tuesday - 20 October 2015
249. Deputy Éamon Ó Cuív asked the Minister for Finance his plans to change the age of the Stamp Duty exemption for young farmers, from 35 years of age to 40 years of age, in line with the recent changes in the Common Agricultural Policy; and if he will make a statement on the matter. [36532/15]
View answerCurrently a young trained farmer is defined as being under 35 at the start of a tax year. The 2013 reform of the CAP introduced an age definition for a young farmer as a farmer under 40 years.
Any moves to bring existing measures into line with this definition will need new EU state aid approval and legislative change.
I have no plans to make any changes in this area at present. However, the matter will be kept under review with appropriate liaison between my officials and officials at the Department of Agriculture, Food and the Marine.
