Budget 2026 was announced on Tuesday, 7 October 2025, on the same day that a number of our Solicitors participated in and advised at the Teagasc-run Transferring the Family Farm clinic at Cahir House Hotel. This clinic was designed to help farm families through the process and all aspects that need to be considered when transferring the family farm.
At the same time, we were attending the Clinic, the Government was announcing the Budget with the following relevant announcements for our farmer Clients
Stamp Duty Reliefs for Farmers
Certain stamp duty reliefs for farmers that were due to end will be extended to the end of 2029, including the:
Farm Consolidation Relief
Young Trained Farmer Relief
Farm Restructuring Relief (Capital Gains Tax)
The Farm Restructuring Relief will also be extended to include woodlands and forestry.
New Derelict Property Tax
A new Derelict Property Tax will be introduced to replace the existing Derelict Site Levy. The new tax will be at least 7% of the market value of the property and will be collected by Revenue. It will not be in place until after 2027.
Stamp Duty Residential Development Refund Scheme
The Residential Development Tax Duty Scheme, which was due to end in 2025, will be extended to 2030. The time limits for the scheme have also been extended. This scheme allows for a refund on a portion of the stamp duty you paid for non-residential land, if you then develop the land for residential use.
No changes to Capital Acquisition Tax thresholds.
No changes to the thresholds or amendments to agricultural or business relief.
* Farm Restructuring Relief extended to include woodlands and forestry.
*Farm Consolidation Relief, commercial forestry which is already within scope is being broadened to cover non-commercial woodland/forestry.
