20 10 2015
IFA WELCOMES REMOVAL OF HIGH EARNER RESTRICTION AND RETURN TO INCOME TAX FREE STATUS FOR FORESTRY INCOMEFarm Business & Credit, Forestry
IFA Farm Forestry Chairman, Michael Fleming has welcomed the removal of the Higher Earners Restriction and the return to an income tax free status for forestry income for farmers. He said this is a very positive development for the forest sector, and will allow farmers to manage harvesting operations more efficiently and not be limited by a tax threshold.
02 10 2015
IFA Farm Forestry Chairman, Michael Fleming has said that the High Income Earner Restriction (HIER) is unfairly discriminating against farmers with forestry, who are not high earners but realise the majority of their income from the forest at the end of the long growing cycle.