Farms sheds are included in the income tax exemption for long-term leases of farmland. Minister for Finance Paschal Donohoe, clarified the issue in response to a parliamentary question from Fine Gael TD Paul Kehoe.

Minister Donohoe said a condition of the relief was that there was a lease of, “land in the State wholly or mainly occupied for the purposes of husbandry and includes a building (other than a building or part of a building used as a dwelling) situated on the land and used for the purposes of farming that land”.

Assuming all conditions were met, he said if a farmer leased a farm building to another farmer and the building was used for the “purpose of husbandry, which would include the housing of farm animal stock, then the farmer will be entitled to the leasing exemption.”

Dairy farmers have driven demand for long-term leasing in recent years.