Minister urged to retain tax relief for farmers
The Irish Cattle and Sheep Farmers' Association (ICSA) is urging the Minister for Finance, Paschal Donohoe to retain key tax relief for farmers ahead of Budget 2026.
ICSA Rural Development chair Edmond Phelan has said that the retention of key tax reliefs for farmers is absolutely vital, particularly in the context of generational renewal and the need to provide greater certainty for family farms.
'These reliefs – such as the Young Trained Farmer stamp duty exemption, Agricultural Relief from Capital Acquisitions Tax [CAT], and Farm Consolidation Relief – are not just technical tax measures,' Phelan said.
'They are essential supports that underpin efforts to improve farm viability, encourage land mobility, and, crucially, to support young people to enter and remain in farming.
'There should be no disincentives to farm transfers,' he said.
The ICSA was responding to comments made by Minister for Finance Paschal Donohoe, who confirmed in response to a parliamentary question, reported by Agriland, that several farm-related tax relief schemes are currently under review ahead of Budget 2026.
According to Minister Donohoe, a number of tax reliefs are due to 'sunset' at the end of 2025.
The first scheme under review is the Accelerated Capital Allowance (income tax) for slurry storage. The second scheme the minister mentioned was the Young Trained Farmer (stamp duty) Relief.
The Farm Consolidation (stamp duty) Relief is also under review and the minister also mentioned Revised CAT Agricultural Relief.
Phelan said the looming expiry or 'sunset' of these schemes at the end of 2025 must be addressed with clarity and urgency.
'ICSA is calling on the Minister for Finance to commit to the long-term retention of these reliefs in Budget 2026,' the ICSA chair continued.
'Farmers need certainty to plan for succession, make investment decisions, and meet environmental obligations. The absence of a firm commitment to extend these measures risks creating unnecessary hesitation at a time when we should be incentivising action.
'The other targeted tax reliefs mentioned by Minister Donohoe – Farm Restructuring (CGT) Relief and the Accelerated Capital Allowance for slurry storage – are equally vital for improving both environmental performance and economic sustainability on farms,' he added.
The farm group has said that all of these measures align with national goals around climate action, biodiversity, and generational renewal.
It added that removing or weakening them would send the wrong message at a time when the sector is being asked to do more than ever.
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