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.
13 04 2017
CONFIRMATION THAT RSS IS A FARM INCOME SUPPORT MEASURE IMPORTANT FOR LOW INCOME FARMERS & RURAL COMMUNITIESRural Development
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.
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.