With annual tax returns and pay and file deadlines looming, it is opportune to consider some tax planning.
Long-term leasing
Generous income tax exemptions apply to landowners who lease. Each landowner can qualify for the following annual income tax exemptions on qualifying leases.
Lease period five to seven years. Up to €18,000 annual rental income per land owner is exempt from income tax.Lease period seven to 10 years. Up to €22,500 annual rental income per land owner is exempt from income tax.Lease period 10 to 15 years. Up to €30,000 annual rental income per land owner is exempt from income tax.Lease period greater than 15 years. Up to €40,000 annual rental income per land owner is exempt from income tax.The allowable rental income can be a combination of land value and Basic Payment.
Where a farm is leased as a going concern, a value for infrastructure and machinery may also be included.
Landowners who enter into long-term leases are deemed to remain active for the purposes of Capital Gains Tax Retirement Relief for up to 25 years provided they farmed themselves for at least 10 years prior to the first leasing.
Conacre
Landowners who operate conacre arrangements are completely exposed tax-wise.Research has shown conacre delivers little benefit to either land owner or farmer, why not consider changing to a long lease or a share farm arrangement.Partnerships
Partnerships are proving to be an excellent arrangement, especially within the family.
Operating your farm business as a partnership can deliver a number of benefits, including:
Enhanced EU payments under the young farmer schemes.Enhanced stock relief.Better use of annual tax reliefs and exemptions.An annual €5,000 income tax exemption for five years, if the partnership is part of an approved succession plan.Land Mobility
Opportunities
A key element of the Land Mobility Service is matching people to opportunities. This is a brokerage service to find the ideal farmer match for you. Call 01-4199555 to speak with our specialist team and provide your details and preferred option. Confidentiality is assured. Qualified leads will be passed to you for further consideration.
Farms for Lease
ESTABLISHED DAIRY FARMER near Cahir Co. Tipperary who maintains his own farm to a very high standard is looking to lease a dairy farm in south Tipperary. A beef farm would also be considered. Will maintain the leased farm the same as his own. Will undertake to maintain and enhance the farm, offer Income security including BPS security. Offering an oppurtunity to a farmer to step back and still continue to enjoy their farm with the knowledge that the property will be well cared for. | REFERENCE OK09130 ACRE GRASS farm, Co. Meath, Trim/Athboy area. Presently a beef farm with slatted and other livestock accommodation. Land is in good fertility. Grass with water and fencing throughout. Farm is all in one block with the potential for extra support ground. This farm represents an excellent opportunity as a dairy conversion or as a heifer or beef farm. Owner is looking to step back and enter into a long term lease with a suitable person.
| REFERENCE WN05EXCELLENT GRASSLAND FARM near Claregalway in Co. Galway totalling 140 acres. The farm is divided into three blocks of close proximity. The main block 65 acres includes two four bay double slatted sheds plus loose sheds all with creep feed facilities. There are also silage slabs, storage sheds and cattle handling facilities. The other two blocks also have modern handling facilities. The owners preferred option is a long lease. This farm represents an excellent opportunity for any grass based enterprise.
| REFERENCE OR07HEADFORD CO. GALWAY, 70 acre top quality grass farm for Lease. This is a former dairy farm but suitable for any enterprise with excellent infrastructure, it would make an ideal beef unit or dairy support block. Infrastructure includes slatted sheds, loose sheds, 72 cubicles, weanling/calf sheds and calving pens. | REFERENCE OR06DAIRY FARM FOR lease. North Tipperary Dairy Farm comprising 131 adjusted acres. Infrastructure includes cubicles, slurry storage, calving & calf houses and 10 unit Milking Parlour. It is a working dairy farm with cows. Owner is looking to retire and is interested in leasing.
| REFERENCE OK1065 HA FARM opportunity available in Co. Kilkenny. Farm presently in beef & sheep with good winter accommodation facilities. Owner open to partnership arrangement, lease or alternative uses.
| REFERENCE TN12 LIVESTOCK OPPORTUNITY
KILKENNY Good Size traditional mid Kilkenny mixed farm with sucklers, cattle, sheep & tillage. Land Owner looking for an enthusiastic young trained farmer with skills and experience in livestock and grassland management to explore a collaborative farming arrangement. |REFERENCE TN09 Dairy Opportunity
OPPORTUNITIES AVAILABLE FOR Share Milking at a range of locations nationwide including Cork, Waterford, Tipperary and Laois. These are all established dairy farms with good potential and offer an excellent opportunity for a young person wanting to develop their own dairy farming business.
| REFERENCE LMX100 SHARE MILKING OPPORTUNITY near Banagher Co. Offaly. 240 Kiwi cross spring calving herd. Dairy farm developed from a tillage farm in 2015, well designed & easily run. Ideal opportunity for ambitious person seeking to get ahead in the dairy industry. All machinery work is contracted and there are no young stock on the farm post calving. Experienced business owners available for support and weekly meetings. Self contained accommodation and farm transport available. | REFERENCE CR04WORKING DAIRY FARM for Lease, near Ballingarry, Co. Limerick. 130 acres, dry farm, very well laid out and operated, good fertility water farm roadway and paddock infrastructure. 100 cow spring calving herd in situ. Farm yard includes a modern 12 unit Dairymaster parlour, 120 cubicles with slatted tanks, heifer shed, slurry tower, calving pens & calf house. The owners would like to retire and lease the farm as a going concern.
| REFERENCE NV04CONTRACT HEIFER REARING
EXPERIENCED CONTRACT REARER looking to rear 70-100 heifers. Has good facilities and freshly reseeded land. Based on the Wicklow/Kildare border but can take heifers from any area. Experience and facilities to rear calves or can take them reared.
| REFERENCE VT04 LOOKING TO RENT
AMBITIOUS YOUNG FARMER looking to lease block of land (50-200 acres) in east Clare area so as to facilitate expansion of existing suckler herd and to grow beef enterprise. Good references available. All parcels of land considered.
| REFERENCE NM04
With annual tax returns and pay and file deadlines looming, it is opportune to consider some tax planning.
Long-term leasing
Generous income tax exemptions apply to landowners who lease. Each landowner can qualify for the following annual income tax exemptions on qualifying leases.
Lease period five to seven years. Up to €18,000 annual rental income per land owner is exempt from income tax.Lease period seven to 10 years. Up to €22,500 annual rental income per land owner is exempt from income tax.Lease period 10 to 15 years. Up to €30,000 annual rental income per land owner is exempt from income tax.Lease period greater than 15 years. Up to €40,000 annual rental income per land owner is exempt from income tax.The allowable rental income can be a combination of land value and Basic Payment.
Where a farm is leased as a going concern, a value for infrastructure and machinery may also be included.
Landowners who enter into long-term leases are deemed to remain active for the purposes of Capital Gains Tax Retirement Relief for up to 25 years provided they farmed themselves for at least 10 years prior to the first leasing.
Conacre
Landowners who operate conacre arrangements are completely exposed tax-wise.Research has shown conacre delivers little benefit to either land owner or farmer, why not consider changing to a long lease or a share farm arrangement.Partnerships
Partnerships are proving to be an excellent arrangement, especially within the family.
Operating your farm business as a partnership can deliver a number of benefits, including:
Enhanced EU payments under the young farmer schemes.Enhanced stock relief.Better use of annual tax reliefs and exemptions.An annual €5,000 income tax exemption for five years, if the partnership is part of an approved succession plan.Land Mobility
Opportunities
A key element of the Land Mobility Service is matching people to opportunities. This is a brokerage service to find the ideal farmer match for you. Call 01-4199555 to speak with our specialist team and provide your details and preferred option. Confidentiality is assured. Qualified leads will be passed to you for further consideration.
Farms for Lease
ESTABLISHED DAIRY FARMER near Cahir Co. Tipperary who maintains his own farm to a very high standard is looking to lease a dairy farm in south Tipperary. A beef farm would also be considered. Will maintain the leased farm the same as his own. Will undertake to maintain and enhance the farm, offer Income security including BPS security. Offering an oppurtunity to a farmer to step back and still continue to enjoy their farm with the knowledge that the property will be well cared for. | REFERENCE OK09130 ACRE GRASS farm, Co. Meath, Trim/Athboy area. Presently a beef farm with slatted and other livestock accommodation. Land is in good fertility. Grass with water and fencing throughout. Farm is all in one block with the potential for extra support ground. This farm represents an excellent opportunity as a dairy conversion or as a heifer or beef farm. Owner is looking to step back and enter into a long term lease with a suitable person.
| REFERENCE WN05EXCELLENT GRASSLAND FARM near Claregalway in Co. Galway totalling 140 acres. The farm is divided into three blocks of close proximity. The main block 65 acres includes two four bay double slatted sheds plus loose sheds all with creep feed facilities. There are also silage slabs, storage sheds and cattle handling facilities. The other two blocks also have modern handling facilities. The owners preferred option is a long lease. This farm represents an excellent opportunity for any grass based enterprise.
| REFERENCE OR07HEADFORD CO. GALWAY, 70 acre top quality grass farm for Lease. This is a former dairy farm but suitable for any enterprise with excellent infrastructure, it would make an ideal beef unit or dairy support block. Infrastructure includes slatted sheds, loose sheds, 72 cubicles, weanling/calf sheds and calving pens. | REFERENCE OR06DAIRY FARM FOR lease. North Tipperary Dairy Farm comprising 131 adjusted acres. Infrastructure includes cubicles, slurry storage, calving & calf houses and 10 unit Milking Parlour. It is a working dairy farm with cows. Owner is looking to retire and is interested in leasing.
| REFERENCE OK1065 HA FARM opportunity available in Co. Kilkenny. Farm presently in beef & sheep with good winter accommodation facilities. Owner open to partnership arrangement, lease or alternative uses.
| REFERENCE TN12 LIVESTOCK OPPORTUNITY
KILKENNY Good Size traditional mid Kilkenny mixed farm with sucklers, cattle, sheep & tillage. Land Owner looking for an enthusiastic young trained farmer with skills and experience in livestock and grassland management to explore a collaborative farming arrangement. |REFERENCE TN09 Dairy Opportunity
OPPORTUNITIES AVAILABLE FOR Share Milking at a range of locations nationwide including Cork, Waterford, Tipperary and Laois. These are all established dairy farms with good potential and offer an excellent opportunity for a young person wanting to develop their own dairy farming business.
| REFERENCE LMX100 SHARE MILKING OPPORTUNITY near Banagher Co. Offaly. 240 Kiwi cross spring calving herd. Dairy farm developed from a tillage farm in 2015, well designed & easily run. Ideal opportunity for ambitious person seeking to get ahead in the dairy industry. All machinery work is contracted and there are no young stock on the farm post calving. Experienced business owners available for support and weekly meetings. Self contained accommodation and farm transport available. | REFERENCE CR04WORKING DAIRY FARM for Lease, near Ballingarry, Co. Limerick. 130 acres, dry farm, very well laid out and operated, good fertility water farm roadway and paddock infrastructure. 100 cow spring calving herd in situ. Farm yard includes a modern 12 unit Dairymaster parlour, 120 cubicles with slatted tanks, heifer shed, slurry tower, calving pens & calf house. The owners would like to retire and lease the farm as a going concern.
| REFERENCE NV04CONTRACT HEIFER REARING
EXPERIENCED CONTRACT REARER looking to rear 70-100 heifers. Has good facilities and freshly reseeded land. Based on the Wicklow/Kildare border but can take heifers from any area. Experience and facilities to rear calves or can take them reared.
| REFERENCE VT04 LOOKING TO RENT
AMBITIOUS YOUNG FARMER looking to lease block of land (50-200 acres) in east Clare area so as to facilitate expansion of existing suckler herd and to grow beef enterprise. Good references available. All parcels of land considered.
| REFERENCE NM04 
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