Stamp duty on cheques will go up from 8 cent to 15 cent per cheque. The duty on credit cards will go from €19 per annum to €40 per annum and that on ATM cards will increase from €6.25 to €10 per annum. Stamp duty of €10 per annum is being introduced on laser cards. The stamp duty on combined ATM and laser cards will be €20 per annum. These changes take effect from midnight tonight and will raise €52 million in a full year. Considering the rise in the usage of these cards in recent years, both in terms of volume and value of transactions, the increases in duty are not unreasonable. The existing exemption from stamp duty for the transfer of land to young trained farmers will continue for a further three years.