IFA REQUESTS EXTENSION TO DEADLINE FOR ENGAGEMENT WITH REVENUE ON KERRY PATRONAGE SHARES

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IFA REQUESTS EXTENSION TO DEADLINE FOR ENGAGEMENT WITH REVENUE ON KERRY PATRONAGE SHARES
09 Dec 2016

IFA REQUESTS EXTENSION TO DEADLINE FOR ENGAGEMENT WITH REVENUE ON KERRY PATRONAGE SHARES

Dairy

IFA has requested that an extension to the original deadlines be provided to all farmers who have been communicated with by Revenue Commissioners in respect of their patronage shares with Kerry Co-op.

President Joe Healy said, “IFA has encouraged all farmer suppliers to engage with the Revenue Commissioners within the 21 day deadline set out in the original communication, and to seek an extension of 60 days in order to assess their situation.

“However, it is very clear that individual farmers are very confused and concerned as to what their options are, given the ongoing discussions between Kerry Co-op and the Revenue Commissioners on the undertaking of a ‘test case’. I have asked Revenue, therefore, that all farmers would be provided with an extension to the timeline in which they have to respond, without threat of penalties.”

He continued, “It is my understanding that Revenue will be communicating again with suppliers to further outline their position in relation to the patronage shares, with potentially revised timelines and scope of assessment. It is critical that further clarity is provided to farmers in these communications”

“I have also asked, as a matter of significant importance, that where a test case is in process, the outcome of which will impact on the assessment for all affected farmers, there will be no accumulation of interest or penalties pending the outcome of the case,” Joe Healy concluded.

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