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The drystock organisation said the areas of natural constraint (ANC), previously the disadvantaged area scheme, needs to return to “pre-crash” in the economy levels.
It wants the ANC scheme to “get €25m extra as a first step to full restoration of the €257m budget”.
In a creative initiative, the ICSA wants to drive a farm safety scheme which would see VAT levels on new PTO shafts reduce to 0%.
Similar to other farm organisations, the ICSA wants a “rainy day fund to be put in place to allow farmers to put some profits into a special account in a good income year’’ and “pay tax when the funds are drawn down in a bad year”.
Other tax-related suggestions include bringing the tax credit for the self-employed to the “same level as PAYE workers”.
It also wants the capital acquisitions tax “exemption to increase from €310,000 to €350,000 for category A transfers and equivalent increases in the category B and C thresholds”.
Renewables play a key focus in the ICSA’s pre-budget wishlist.
It hopes that a renewable heat incentive “will encourage farm level participation in renewable energy”.
Finally, the ICSA is calling for “solar panels on agricultural property to be deemed to be an integral part of the agricultural assets for purposes of CAT”.
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