The changes will be welcomed by many farm families. \ Philip Doyle
ADVERTISEMENT
What changes have been made to the Fair Deal nursing home legislation?
ADVERTISEMENT
Financial contributions based on the value of your farm or small business will be capped at 7.5% for three years – before this, there was no time limit.
The legislation has been approved by Cabinet and it’s hoped will be fully in place by the end of the summer.
I am a farmer who has been in a nursing home for five years. What does this mean for me?
Once the legislation is passed and you have appointed an eligible farm successor, then you will no longer have to make the annual 7.5% financial contribution based on the value of your farm.
Similarly, if you are a farmer and have been in a nursing home for one or two years, you will only pay the 7.5% contribution on the remaining year(s) you are in the nursing home up to the three-year cap.
How do I appoint a family farm successor?
The details are still being working out but Minister Mary Butler has told the Irish Farmers Journal that: “The person in care will have to appoint a family successor who has consistently supplied a substantial part of their working day to the farm or small business for three years out of the previous five years.”
Details include:
The successor will have to make a statutory declaration in relation to their normal working time.
The successor does not have to be related to the farmer in the nursing home.
The successor does not have to have been paid for working on the farm as an employee to prove they were working there.
The successor does not have to have been working for three years straight on the farm, just three years across a five year period.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
What changes have been made to the Fair Deal nursing home legislation?
Financial contributions based on the value of your farm or small business will be capped at 7.5% for three years – before this, there was no time limit.
The legislation has been approved by Cabinet and it’s hoped will be fully in place by the end of the summer.
I am a farmer who has been in a nursing home for five years. What does this mean for me?
Once the legislation is passed and you have appointed an eligible farm successor, then you will no longer have to make the annual 7.5% financial contribution based on the value of your farm.
Similarly, if you are a farmer and have been in a nursing home for one or two years, you will only pay the 7.5% contribution on the remaining year(s) you are in the nursing home up to the three-year cap.
How do I appoint a family farm successor?
The details are still being working out but Minister Mary Butler has told the Irish Farmers Journal that: “The person in care will have to appoint a family successor who has consistently supplied a substantial part of their working day to the farm or small business for three years out of the previous five years.”
Details include:
The successor will have to make a statutory declaration in relation to their normal working time.
The successor does not have to be related to the farmer in the nursing home.
The successor does not have to have been paid for working on the farm as an employee to prove they were working there.
The successor does not have to have been working for three years straight on the farm, just three years across a five year period.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS