Stamp Duties Consolidation Act 1999 Schedule 2B

Qualifications for applying for relief from stamp duty in respect of transfers to young trained farmers

Schedule 2B lists the educational qualifications that a young trained farmer needed to hold in order to qualify for stamp duty relief on a transfer of farm land under section 81AA, although the Schedule was repealed for instruments executed on or after 1 January 2023.

• Schedule 2B set out the list of farming-related qualifications recognised for the young trained farmer stamp duty relief in section 81AA.
• It was repealed by Finance Act 2022 section 95(3)(d) for instruments executed on or after 1 January 2023, with the equivalent list now appearing in section 654A of the Taxes Consolidation Act 1997.
• The qualifications fell into three groups: QQI Level 6 advanced and specific purpose certificates, QQI higher certificates and bachelor degrees, and degrees and diplomas awarded by other third-level institutions.
• The Schedule continued to apply to instruments executed before 1 January 2023, so it remains relevant for historical transfers being reviewed or queried.