Stamp duty

Bigbird1

If a person is a young trained farmer and under 35 years old are they exempt from stamp duty if they purchase land. Thanks

lakill Farm

Bigbird1 wrote: »

If a person is a young trained farmer and under 35 years old are they exempt from stamp duty if they purchase land. Thanks

once they have the green cert then yes

freedominacup

lakill Farm wrote: »

once they have the green cert then yes

Or equivalent.

The part time boy

Is it not only getting land from family member ? Could easily be wrong

freedominacup

The part time boy wrote: »

Is it not only getting land from family member ? Could easily be wrong

No. Under 35 purchasing land for farming is exempt from stamp duty providing they have nessecary qualifications.

Bigbird1

Cheers everyone

lakill Farm

freedominacup wrote: »

Or equivalent.

ye true :cool:.

have2flushtwice

What's an equivalent, level 6 or level 7

freedominacup

have2flushtwice wrote: »

What's an equivalent, level 6 or level 7

If you are close to the age limit you'll have to study the act. You can't be expected to have a qualification that wasn't available when you got your qualifications. Each act has a section that refers back to the qualifications which were deemed sufficient for the previous act. You may have some research to do but I doubt if any other work you do this year will be as lucrative.

charolais0153

freedominacup wrote: »

If you are close to the age limit you'll have to study the act. You can't be expected to have a qualification that wasn't available when you got your qualifications. Each act has a section that refers back to the qualifications which were deemed sufficient for the previous act. You may have some research to do but I doubt if any other work you do this year will be as lucrative.

If you wee to do ag science in ucd would that count as green cert or would ya need to do another course

freedominacup

charolais0153 wrote: »

If you wee to do ag science in ucd would that count as green cert or would ya need to do another course

I would have thought so but you'll have to check the relevant act. It's all available online. Revenue will be no help, in my experience more like actively obstructionist.

yewtree

charolais0153 wrote: »

If you wee to do ag science in ucd would that count as green cert or would ya need to do another course

It covers you, my only at qualification is my ucd ag degree and I am qualified as a young trained farmer

Grueller

Mate of mine has a degree in food science from UCC and it covers him he says.

sea12

Grueller wrote: »

Mate of mine has a degree in food science from UCC and it covers him he says.

There is a whole list of courses on the dept of Ag website for young farmers scheme. Not sure if it qualifies for revenue for stamp duty exemption though

sonnybill

When does the 6% increase in stamp duty introduced in budget come into play? Now or Jan 01st

noworries2004

6% Came in on the day of the Budget. Still waiting for Finance bill to be passed to get rid of age for consanguity relief to reduce to 1% if being transferred between family.

sonnybill

noworries2004 wrote: »

6% Came in on the day of the Budget. Still waiting for Finance bill to be passed to get rid of age for consanguity relief to reduce to 1% if being transferred between family.

I going from 1% to 6% so !

noworries2004

Gone from 2% to 6% on day of budget

sonnybill

noworries2004 wrote: »

Gone from 2% to 6% on day of budget

Bar sibling , Son/daughter , favourite niece /nephew if someone even gives you something you have to get it valued and pay 6% stamp duty ?