Claire Kerrane
Question:235. Deputy Claire Kerrane asked the Minister for Finance the specific tax reliefs available to farmers which are due to expire in 2023/2024; and if he will make a statement on the matter. [24421/23]
View answerTuesday, 23 May 2023
Questions (235)
Written answers
The following table lists the tax reliefs specific to the farming sector which are due to expire in either 2023 or 2024, including the relevant legislative provision and sunset date:
|
Relief |
Legislative provision |
Sunset |
|
Stamp Duty Consanguinity Relief on Non-Residential Transfers |
Schedule 1 Stamp Duties Consolidation Act 1999 |
31 December 2023 |
|
Acceleration of wear and tear allowances for farm safety equipment |
Section 285D Taxes Consolidation Act 1997 |
31 December 2023 |
|
General Stock Relief |
Section 666 Taxes Consolidation Act 1997 |
31 December 2024 |
|
Stock Relief on Income Tax for Certain Young Trained Farmers |
Section 667B Taxes Consolidation Act 1997 |
31 December 2024 |
|
Stock Relief on Income Tax for Registered Farm Partnerships |
Section 667C Taxes Consolidation Act 1997 |
31 December 2024 |
Any extension of the reliefs beyond their current sunset dates will fall to be considered by Government as part of the Budget and Finance Bill process.