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Consumers should be aware of the tax implications of savings and investments. Financial investments or assets can be subject to stamp duty, capital gains tax and deposit interest retention tax (commonly referred to as DIRT).
There has been a mixed reaction from farm organisations to the introduction of the new low-cost loan fund in the 2017 budget announced by Minister for Finance, Michael Noonan, on Tuesday.
With higher spending being apportioned to rising input costs such as fertiliser and feed, farmers are putting more consideration into investment in farm infrastructure.
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