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Land Issues

Dáil Éireann Debate, Tuesday - 22 March 2022

Tuesday, 22 March 2022

Questions (1128)

Pádraig O'Sullivan

Question:

1128. Deputy Pádraig O'Sullivan asked the Minister for Agriculture, Food and the Marine when does the land change from agricultural land to commercial land for the purposes of valuation and succession where agricultural land is leased to become a solar farm; and if he will make a statement on the matter. [14145/22]

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Written answers

Following a review announced in Budget 2018 by my colleague the Minister for Finance, Pascal Donohoe TD, and in recognition of the then Government's commitment to facilitate the development of solar energy projects in Ireland, a revised approach was introduced to qualifying agricultural property for the purposes of agricultural relief from Capital Acquisitions Tax or Capital Gains Tax retirement relief.

Since then, under certain conditions, land leased for the installation of solar panels can be classified as qualifying agricultural property. A key condition is that the total area of land under lease and on which solar panels are installed does not exceed 50% of the total area of agricultural land.

While primary responsibility for taxation policy is with the Minister for Finance, I continue to work closely with him to ensure that the tax code reflects the Government’s priorities for the agrifood sector and the economy generally.

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