Concern growing among Donegal farmers over increase to stamp duty

The IFA in Donegal says farmers in the county will be affected by the decision to increase stamp duty paid on property from 2% to 6%.

When the increase was first announced on Budget Day, it was interpreted as a measure directed towards property developers, but it has since become clear that farms will be included.

There are some exemptions in relation to the transfer of farms within families, but the IFA say they have very strict qualification criteria, which should be reviewed.

George Starrit is Farm Business Chairman in Donegal:

Meanwhile, Fianna Fail's Agriculture Spokesperson, Donegal Deputy Charlie McConalogue has called on Ministers Michael Creed and Paschal Donohoe to engage with farming organisations over their concerns to the stamp duty changes: