FINANCE

Land ownership now comes in two forms

Following reform under the Land and Conveyancing Act 2009, land ownership (or more correctly, the “interest” a person has in land) can effectively now come in two forms — freehold and leasehold.

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Protection sought on capital taxes relief

It was confirmed this week that there were 40 submissions to the agri-taxation consultation, a joint operation between the Department of Finance and the Department of Agriculture.

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Consultation paper draws big response

There has been a huge response to the agri-taxation consultation which was launched as a joint operation between the Departments of Finance and of Agriculture.

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Concern over conacre system popularity

It’s a busy time of year for leasing and conacre arrangements. Our use of long-term leases in this country remains quite low.

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UK beef kill hits lowest figures since World War II

The number of prime beef cattle slaughtered at UK abattoirs in 2013 fell to its lowest point in about 65 years.

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Tax relief on productive assets would deliver big economic gains

Last week, the Minister for Agriculture, Simon Coveney, announced the opening of a public consultation process on the tax rules specific to farmers.

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More farmers opt for incorporation

The number of farmers opting to trade through a company continues to accelerate. In 2013, the numbers of farmers incorporating in companies increased by 27%, compared to 2012.

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Miscanthus rules amended to allow farmers plough in crops

Agriculture Minister Simon Coveney has confirmed that miscanthus grant rules have been amended to allow some farmers to spray and plough in their crops which were grown as a renewable source of energy.

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Expanding farmers may be disadvantaged as outside investors drive land prices upwards

A review of the land prices attained in 2013 suggests values are on the rise, with some suggesting investors, emigrants, and those looking to avoid risk exposure to their large deposit balances, are driving buoyancy in the land market.

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Glanbia milk prices near top in Dutch board’s price league

Glanbia paid the second best November milk price of 17 dairy companies across the EU, in the Dutch Dairy Board price league.

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