Agri-Business
An "anomaly" between the livestock VAT rate and the farmer flat-rate addition may be addressed in the next budget, Tánaiste Harris indicated.
Agri Politics
The government has been urged align the livestock VAT rate with the farmer flat-rate addition in the upcoming budget by Aontu's Paul Lawless.
The government is being urged to address a "VAT anomaly" that "financially penalises" non-VAT registered farmers selling livestock through marts.
VAT
Revenue has won a VAT battle with a dairy farmer over the treatment of ancillary equipment bought for a robotic milking machine.
Rural Life
Sinn Féin is calling for the rate of livestock VAT to be reduced to bring it in line with the flat-rate VAT addition for farmers.
Documents prepared for Budget 2027 have floated the idea of reducing the livestock vat rate in line with the farmer flat rate VAT addition.
Farmers are being subjected to “multiple layers of avoidable and unjustified taxation”, according to Independent TD for Offaly, Carol Nolan.
For farmers who are not registered or required to register for Value-Added Tax (VAT), there is a scheme in place.
Revenue refunded over 27,000 "VAT 58 refund claims" totaling €66 million to flat-rate farmers last year according to latest figures.
Flat Rate Scheme
The Irish Co-operative Organisation Society (ICOS) has reiterated its call for the flat-rate addition to be amended.
Sheep
The recent European Wool Day Conference held in Co. Kerry heard several calls to remove the VAT applied to wool products.
A Fine Gael councillor is urging the government to urgently overhaul the VAT policy on Hydrotreated Vegetable Oil (HVO) biofuel.
Dairy
Despite prices holding steady in many co-ops for January supplies some farmers may see a reduction in their milk cheque this month.
Beef
Why are some farmers talking about an increase in the cost of selling livestock and wondering if marts have increased their commission rates?
Farmers should be aware of some key changes that are due to come in next year in relation to the flat-rate top-up and certain reliefs.
There is a "fear" that farmers might go to abattoirs instead of marts because of changes to the flat rate VAT scheme, the Seanad has heard.
A reduction in the flat-rate scheme for farmers is "unfair" and hits small farmers hardest, the leader of Independent Ireland has warned.
IFA Poultry chair Nigel Sweetnam hit out at a government decision to exclude broiler poultry farmers from the VAT Flat-Rate Addition scheme.
Pig/Poultry
Minister Paschal Donohoe has made the decision to remove the poultry broiler sector from the VAT Flat Rate Addition scheme from September 1.
A senator is calling on the government to cut the VAT rate on hydrogenated vegetable oil (HVO) for the agriculture sector.
A Dáil debate this week will focus on calls for the 13.5% VAT rate for the food and hospitality sector to be reduced to 9%.
The first episode of the new exclusive limited podcast series on farm finance from Agriland Media...
Agriland will launch a new podcast series on 'Farm Finance‘ this week which will focus on the financial issues that farmers currently face.
