Agri-Business
Long-term leasing is becoming the preferred option for farmers due to tax incentives, increased security and supportive policy measures.
Proposed Stamp duty relief on long-term land leases has yet to get the green light from the European Commission after almost two years of negotiations.
There has been a significant rise in the number of farmers opting long-term land leases in recent years, according to Minister Simon Coveney.
A budget proposal on the exception of stamp duty for those undertaking long term leases has not been approved by the EU Commission.