Stamp Duties Consolidation Act 1999 section 101A

Single farm payment

Section 101A exempts the sale, transfer or other disposition of a single farm payment entitlement from stamp duty, and sets out how the consideration must be apportioned where an instrument transfers both a payment entitlement and other property.

• A "payment entitlement" means an EU CAP Direct Payment Entitlement as defined in Regulation (EU) 2021/2115.
• An instrument transferring only a payment entitlement is not chargeable to stamp duty under any heading in Schedule 1.
• Where an instrument transfers a payment entitlement together with other property, the consideration must be apportioned on a just and reasonable basis, and stamp duty is charged only on the part attributable to the other property.
• If the apportionment is not just and reasonable in cases involving separate instruments under section 45, stamp duty is charged on the full value of the non-entitlement property instead of the stated consideration.