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| | | IFA President John Bryan said the taxation measures for farm transfer, investment and land mobility in today’s Budget recognised the potential of the agriculture sector to achieve the expansion and growth targets of Food Harvest 2020 and to contribute to Ireland’s economic recovery. However, the reduction in the CAT/transfer tax threshold to €250,000 is an excessive drop, and the increase to 30% in the tax rate on the balance, will impact negatively on the transfer of commercial farms. |
| | | Reacting to the announcement today by the Minister for Public Expenditure and Reform Brendan Howlin on Department of Agriculture spending for next year, IFA President John Bryan said the cuts to REPS4, and changes to the terms and conditions in Disadvantaged Areas and Farm Assist, are a direct hit on farm incomes, and come on top of all the other cuts that have been imposed on households today. |
| | | Reacting to the announcement today by the Minister for Public Expenditure and Reform Brendan Howlin on Department of Agriculture spending for next year, IFA President John Bryan said the cuts to REPS4, and changes to the terms and conditions in Disadvantaged Areas and Farm Assist, are a direct €50m hit on farm incomes, and flies in the face of the contribution agriculture is making to jobs and exports in the economy. |
| | | IFA President John Bryan has said that the capital funding allocation for agriculture contained in the Government’s Infrastructure and Capital Investment 2012-16 Framework is totally inadequate for the expansion plans of the sector. |
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