Written answers
Tuesday, 27 January 2009
Department of Agriculture and Food
Young Farmer Supports
9:00 pm
Michael Creed (Cork North West, Fine Gael)
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Question 1250: To ask the Minister for Agriculture, Fisheries and Food the progress made on the programme for Government proposal to continue to offer a range of supports to young farmers entering agriculture, including education, taxation measures and direct start-up aid; and if he will make a statement on the matter. [47713/08]
Brendan Smith (Cavan-Monaghan, Fianna Fail)
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A number of measures are aimed at supporting the early transfer of farms and relieving set-up costs, including: 100% stamp duty relief on transfers of agricultural land and buildings to young trained farmers; 100% stamp duty relief on land purchased by young trained farmers; 100% stock relief for four years for young trained farmers; 90% agricultural relief from Capital Acquisitions Tax; New entrants to farming may also benefit from the National Reserve measure of Single Payment scheme which includes a category that allocates entitlements to new trained farmers who satisfy certain income qualification criteria.
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