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The Succession Farm Partnership Scheme effectively gives a farmer and their successor a tax incentive where the farmer and successor enter an approved partnership which culminates in the transfer of at least 80% of the farm assets to the successor.

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Laois IFA is hosting an information seminar covering farm schemes, legal matters and social protection entitlements on Thursday, April 27th.

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IFA Rural Development Chairman Joe Brady has said confirmation given by the Minister for Social Protection Leo Varadkar that the Rural Social Scheme (RSS) is an income support initiative, is a welcome development as there have been attempts by his Department to make it a job activation measure like other social employment schemes.

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IFA Farm Business Chairman Martin Stapleton has said that the banks must show greater flexibility on loan duration for the agri-cashflow loans, based on the individual circumstances and repayment capacity of the farmer.

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IFA Farm Business Chairman, Martin Stapleton has welcomed the delivery of the low-cost agri-cashflow loans, due to be available in banks in the coming week.

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