Agriland is set to launch a new limited podcast series on ‘Farm Finance‘ this week which will focus on some of the major financial challenges currently facing farmers from managing cashflow to VAT.
Produced by Agriland, ‘Farm Finance‘ will be a four-part podcast series, which will also explore how best to grow and invest in a farm and many of the key issues in relation to taxation.
The podcast will feature insights and information from a number of leading experts in their respective fields and will provide an opportunity for farmers and farm families to hear about possible actions they could take to manage cashflow and also plan for their future.
Farm Finance podcast
In the first episode of the new limited podcast we will take a close look at farm taxation and what exactly farm families need to be aware of and how they could potentially make the current taxation structure, ahead of Budget 2025, work best for them.
We discuss what agricultural reliefs are available including consanguinity (stamp duty) relief which provides for relief from stamp duty on the transfer of agricultural land or farms to certain farmers who are aged under 35.
In the first episode we also examine what leasing relief is available and explain how a seven year holding requirement applies to land purchased under a contract entered into on or after, 1 January 2024.
In order to qualify for this relief a farmer must own the land for at least seven years before being entitled to qualify.
A major topic of discussion for many farm families in Ireland in 2024 is succession.
In our new Farm Finance podcast we will explore what options are available when it comes to handing over a family farm from one generation to the next and why planning for the future is key to ensuring the survival of that farm.
We will also discuss how farmers can best manage VAT and in particular what key aspects that they should be aware of.
The first episode of Farm Finance will be released on Agriland and all podcast platforms on Wednesday, September 11 at 5:00p.m.
The information in the podcast is intended as a general guide only. While every care is taken to ensure accuracy of information provided, Agriland will not accept responsibility for errors or omission howsoever arising. You should seek professional advice in relation to your particular circumstances at the earliest possible time.