For farmers currently in derogation, it would be worthwhile scenario-planning what actions to take if the derogation is lost or unavailable in their catchment, writes farmer and rural accountant Kieran Coughlan

The problem with the current Nitrate Derogation rules is that the link between the actions that one farmer takes and the nitrate loading in his or her catchment area is insignificant, writes Kieran Coughlan

Higher farm profits usually result in higher income tax liabilities, but the tax liabilities don’t usually manifest themselves until the following year, writes rural accountant Kieran Coughlan

The phenomenon of non-farming persons buying up land for tax purposes as a means of passing on wealth has become more than just an anecdote

Forest owners will be pleased to know that insurance proceeds relating to the damage of forests can be exempted from income tax, writes rural accountant Kieran Coughlan

Where a successor is not interested in farming, the opportunity cost of retaining ownership of the farm should in the cold light of day be put up for comparison against other options

The Irish dairy industry may face rationalisation in the year ahead if current trends continue.Domestic milk intake by processors this year was down 242m litres by the end of June compared to this time last year with the month itself down 13.3m ...

The back end of 2023 saw a day of reckoning when the income tax liabilities for 2022 became due, writes agricultural accountant and farmer Kieran Coughlan.

Investing a bit of time into how your assets should be divided up and considering whether you want to use a trust in your will is an exercise well worth doing

In a race to the bottom farmers vie against each other in a game of chicken as to who is willing to rent land at prices such that there is little or no return