08 12 2016
IFA President Joe Healy today said he had been in touch with both the Revenue Commissioners and the Kerry Co-op Board in recent days, and was clear that to minimise any penalties and gain additional time to allow for an appeal of the Revenue’s tax assessment of Kerry patronage shares, affected Kerry suppliers should respond by letter to Revenue within the 21 day limit.
23 11 2016
IFA President Joe Healy has contacted the Revenue Commissioners about the recent communication received by a number of Kerry Co-Op suppliers relating to the income tax treatment of co-op shares that they had purchased between 2011 and 2013, as milk suppliers to the co-op.
IFA President Joe Healy said Kerry clearly chose not to pass on the benefits of improved dairy markets, which their neighbour Dairygold passed back with a July milk price increase of 1.5c/l and other co-ops passed back with increases of 1c/l. He said Kerry has got it wrong and must revisit this decision for the sake of their cash strapped suppliers.