Finance Minister Jack Chambers and Minister for Public Expenditure Paschal Donohoe unveiled Budget 2025 on Tuesday.
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The Government unveiled a giveaway budget, with €85m in new funding for farmers, in a bid to win over voters ahead of the looming general election.
An €8m hike in the National Beef Welfare Scheme’s budget allocation will see suckler farmers paid €75/calf, while Dairy Beef Welfare Scheme payments have been doubled to €40/calf.
A €22m increase for the Sheep Welfare Scheme puts farmers in line for €13/ewe, on top of the €12/ewe available in the Sheep Improvement Scheme.
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Tillage farmers who planted crops in 2024 have been allocated €30m, equating to a payment of €100/ha.
A hotly anticipated change was announced for the inheritance tax threshold, which has increased to €400,000.
Some €5m has been allocated to a scheme for forgotten farmers, with further funding to follow in 2026.
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The Government unveiled a giveaway budget, with €85m in new funding for farmers, in a bid to win over voters ahead of the looming general election.
An €8m hike in the National Beef Welfare Scheme’s budget allocation will see suckler farmers paid €75/calf, while Dairy Beef Welfare Scheme payments have been doubled to €40/calf.
A €22m increase for the Sheep Welfare Scheme puts farmers in line for €13/ewe, on top of the €12/ewe available in the Sheep Improvement Scheme.
Tillage farmers who planted crops in 2024 have been allocated €30m, equating to a payment of €100/ha.
A hotly anticipated change was announced for the inheritance tax threshold, which has increased to €400,000.
Some €5m has been allocated to a scheme for forgotten farmers, with further funding to follow in 2026.
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