136. Deputy Charlie McConalogue asked the Minister for Finance if there are changes foreseen in the applicability of the provision regarding the cumulative lifetime cap of €70,000 on the amount of tax relief that can be availed of by young farmers as enacted in the Finance Act 2018 in view of the fact that there is a need to increase the number of young persons choosing farming as their professional career; if there is flexibility in the implementation of the relevant European state aid agriculture regulation for member states; if he has raised this matter and the state aid regulation with the EU Commission; when the €70,000 limit in the Finance Act 2018 will begin to accumulate; if it applies to relief obtained from the day the Act came into operation; if not, if it is retrospective; and if stamp duty relief received by a farmer who inherited land previously counts towards the €70,000 limit. [17275/19]

Summary

136. Deputy Charlie McConalogue asked the Minister for Finance if there are changes foreseen in the applicability of the provision regarding the cumulative lifetime cap of €70,000 on the amount of tax relief that can be availed of by young farmers as enacted in the Finance Act 2018 in view of the fact that there is a need to increase the number of young persons choosing farming as their professional career; if there is flexibility in the implementation of the relevant European state aid agriculture regulation for member states; if he has raised this matter and the state aid regulation with the EU Commission; when the €70,000 limit in the Finance Act 2018 will begin to accumulate; if it applies to relief obtained from the day the Act came into operation; if not, if it is retrospective; and if stamp duty relief received by a farmer who inherited land previously counts towards the €70,000 limit. [17275/19]

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• Tax Reliefs Availability

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