Ifac urges farmers to reduce pressure on cash flow now to mitigate impact of rising costs next year

Ifac, Ireland’s farming, food and agribusiness specialist professional services firm is encouraging farmers to prioritise budgeting and cash flow management to mitigate the impact of rising costs and tight profit margins.   From a financial perspective, 2021 has been a good year on most Irish farms. Commodity prices are up for milk, beef, lamb and […]

GLAS Extension Will Provide Farmers with Certainty

IFA Rural Development Chairman Michael Biggins said the announcement that farmers participating in GLAS 1, 2 or 3 will be offered an option to extend their contract into 2022 will provide certainty for applicants. The existing contracts are due expire next month and the extension is part of EU CAP Transitional Rules. It has been […]

Farmer Co-operation Central To Achieving Ireland’s Electricity Future – IFA

IFA President Tim Cullinan said it’s paramount that both EirGrid and the ESB fully recognise and respect that the co-operation of farmers is essential to the development of grid infrastructure in Ireland.   Meeting the 500MW micro-generation target by 2030 as outlined in the EirGrid Roadmap ‘Shaping our Electricity Future’ can only be achieved with […]

Beware of new tax implications for receiving gifts and inheritances warns ifac

Ifac, Ireland’s eighth-largest professional services firm and specialist for the farming, food and agribusiness sectors, is warning beneficiaries of gifts and inheritances of new tax implications.   Ifac Head of Tax, Declan McEvoy said: “A change in how the value of gifts or inheritances of free money is calculated for Capital Acquisitions Tax purposes will have implications for […]

New IFA Horse Project Team Meets to Set Out Priorities

The Chairman of the IFA Horse Project Team (HPT), Richard Kennedy, recently presided over the first in-person meeting of the IFA Horse Project Team with new members appointed by the IFA National Officer Committee. The meeting discussed and agreed on the main priority areas that the IFA HPT will focus on for the 5,000 farm […]

World Habitat Day – Managing Hedgerows to Protect Habitats

IFA Environment & Rural Affairs Chairman and Smart Farming’s Programme Leader, Paul O’Brien said that while hedgerow cutting is now permitted to the end of February, farmers should be aware that hedges provide food and shelter and habitats for wildlife and birds throughout the winter months.   “Ideally, we should do as little as possible […]

On National Potato Day, Consumers Asked to Support Local Growers

On National Potato Day, IFA President Tim Cullinan has called on consumers, retailers and the foodservice sector to support Irish potato growers. “It’s a critical indigenous sector, worth €111m at the farm gate. 400 growers plant over 8,000 hectares annually. They supply high quality, nutritious produce to Irish consumers throughout the year,” he said. “Potatoes […]

Ifac advises Tipperary farmers to get protected against income loss

Ifac, Ireland’s farming, food and agribusiness specialist professional services firm, is advising Tipperary farmers and farming families to consider and plan valuable protection so that their farm and family are cared for. When you’re running a busy farm it’s not always easy to see how a change might affect you or how you can protect […]

Farmers Excluded from Renewable Energy Strategy

IFA President Tim Cullinan said that while the announcement today of a significant solar farm coming onto the grid in Cork is positive, the Government is failing to embrace the potential of farms to generate renewable energy.   “Almost every farm has the potential to generate renewable energy for its own use and ultimately to […]

Review of TAMS Costings Must Include All Applications Approved Under Tranche 22

IFA Rural Development Chairman Michael Biggins has welcomed the announcement by the Minister for Agriculture Charlie McConalogue that the review of the reference costings for grant-aided work under the TAMS on-farm investment scheme is complete.   The Department of Agriculture carried out this costings review, and the changes will be implemented from the opening of […]

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