INHFA national president Vincent Roddy said this measure would renew confidence and positivity around the ACRES scheme amongst farmers.
ADVERTISEMENT
The Irish Natura and Hill Farmers Association (INHFA) has called on the government to implement full tax exemptions for all farm payments under environmental schemes in the Budget.
ADVERTISEMENT
The association stated that funding under ACRES and the new Eco-scheme should “be disregarded for tax purposes.”
INHFA national president Vincent Roddy said this measure would renew confidence and positivity around the ACRES scheme amongst farmers. He has “seen significant problems around the ACRES Programme that has angered and frustrated farmers in equal measure.”
“Such an exemption is in recognition of the climate and biodiversity emergency declared by Dail Eireann in May 2019.”
Tax-free allowance
Roddy added that this “emergency” should be treated in a similar manner to the housing crisis.
A tax-free allowance on rental income of up to €14,000/year is currently available in that sector.
“Mirror the tax-free exemptions that are available for forestry premium while also recognising the additional costs incurred by farmers through the ACRES Programme that also includes reduced output and income,” he added.
“The enormous benefit such an exemption would have in improving farmer goodwill around ACRES and wider environmental ambition.”
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.
The Irish Natura and Hill Farmers Association (INHFA) has called on the government to implement full tax exemptions for all farm payments under environmental schemes in the Budget.
The association stated that funding under ACRES and the new Eco-scheme should “be disregarded for tax purposes.”
INHFA national president Vincent Roddy said this measure would renew confidence and positivity around the ACRES scheme amongst farmers. He has “seen significant problems around the ACRES Programme that has angered and frustrated farmers in equal measure.”
“Such an exemption is in recognition of the climate and biodiversity emergency declared by Dail Eireann in May 2019.”
Tax-free allowance
Roddy added that this “emergency” should be treated in a similar manner to the housing crisis.
A tax-free allowance on rental income of up to €14,000/year is currently available in that sector.
“Mirror the tax-free exemptions that are available for forestry premium while also recognising the additional costs incurred by farmers through the ACRES Programme that also includes reduced output and income,” he added.
“The enormous benefit such an exemption would have in improving farmer goodwill around ACRES and wider environmental ambition.”
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