11 May 2023
~1 minutes read
Taoiseach gives Sean Canney commitment farm families will be exempt from Residential Zoned Land Tax
Galway Bay fm newsroom – The Taoiseach has given a commitment to local TD Sean Canney that farm families will be exempt from the Residential Zoned Land Tax.
The Galway East TD raised the issue in the Dáil after hearding concerns from farmers the tax would force them to sell family land.
The annual tax will be calculated at 3 per cent of the market value of land, and will apply from next year.
Taoiseach Leo Varadkar was asked by Deputy Canney if functional farmers would be exempt from the tax: