Practical articles exploring farm succession, inheritance tax, ownership, reliefs, family considerations and the decisions farming families may need to make before implementing a succession plan.
Want equipment added to TAMS? Here's how to ask the Department to consider it before the 30 October deadline.
Read Article : Farmers can propose equipment and technology for TAMS support. Here's how to complete your submission, step by step.
The Green Cert can be extremely valuable in farm succession, but it is only one piece of the puzzle. Tax reliefs, ownership, assets, timing and family circumstances still need to work together.
Read Article : The Green Cert Is Not the Be-All and End-All of Farm Succession
Owning a house can affect your ability to qualify for Agricultural Relief when inheriting a farm. But mortgages are not automatically deductible, and a house does not automatically qualify as a farmhouse simply because it is owned by a farmer or located on the farm.
Read Article : Owning a House When Inheriting a Farm: How It Can Affect Agricultural Relief
Before deciding who gets the farm, every farming family should ask one question: what does a good outcome look like? The answer can reshape the entire succession plan.
Read Article : The Most Important Question Every Farming Family Should Ask About Succession
Can you inherit a farm tax free in Ireland? Potentially, but Agricultural Relief is only part of the picture. Your assets, house, timing, ownership, previous gifts and wider family plan can all affect the outcome.
Read Article : Can You Inherit a Farm Tax Free in Ireland?
In farm succession, fairness and equality are not always the same thing. This article explores why treating children fairly is often one of the hardest and most emotional questions a farming family will face.
Read Article : Fairness Isn’t Always Equality: One of the Hardest Questions in Farm Succession
What happens if a farmer dies while a succession plan is still unfinished? A family's intentions may be clear, but the outcome will depend on what is actually in place when the farmer dies.
Read Article : What Happens If a Farmer Dies Before a Succession Plan Is Completed?