Clarity needed from Minister – VAT on equipment
Jack Kennedy
Many farmers still don’t realise the implications of VAT changes highlighted recently.
6 December 2023 News
Five farmers named on latest tax defaulters' list
Fines are handed out for the under-declaration of tax, non-declaration of tax or for the use of marked mineral oil.
30 November 2023 News
Decision to scrap VAT rebate on bulk tanks damaging - ICMSA
The level of deliberately undermining decisions now being applied to the dairy farming sector, in which we lead the world, is now a matter of depressing astonishment, Pat McCormack said.
Inherited land eligible for income tax lease relief
A seven-year holding requirement has been placed on purchased farm land before it can qualify for income tax relief on long-term leasing arrangements.
22 November 2023 News
Farmland residential land tax issues to be solved in coming months
Minister Pascal Donohoe insists that the looming issue of residentially-zoned farmland being taxed will be resolved over the coming months.
22 November 2023 News
New long-term lease rules will not apply to those who inherit land - IFA
Rose Mary McDonagh said there was a real concern among farmers that land transferred via gift or inheritance would be affected by the changes to the tax treatment of land lease income.
21 November 2023 News
Colm McCarthy - fallout from the Apple tax case
Our EU partners need to be reminded that the foreign treasury that is losing out is not in Berlin, Brussels, Paris or Rome, but in Washington.
15 November 2023 Viewpoints
Plan early to protect inheritance, says adviser
An estate planning seminar was organised by Hills Financial Planning in Templepatrick, Co Antrim.
8 November 2023 Northern Ireland
Farmers must be given automatic right to de-zone land – ICSA
The reality is that many farmers who tried to get de-zoned were turned down, according to Dermot Kelleher.
23 October 2023 News
Farmers will have to wait longer for budget details absent from Finance Bill
Legislation that gives effect to budget measures will be amended further at committee stage.
20 October 2023 News
Green diesel on the rise again as prices edge towards €1.18/l
Green diesel prices are on the climb once again having dropped as much as 5c/l from highs of €1.20/l four weeks ago. Current quotes are ranging between €1.15/l and €1.18/l.
18 October 2023 News
What was in Budget 2024 for young farmers?
The Irish Farmers Journal team has all the scheme and tax changes you need to know if you’re a young farmer.
14 October 2023 News