ICMSA issues warning
Beef and Cattle Committee Chairman John O’Leary said, “Under the existing system of direct payments, farmers received the bulk of their direct payment in October but also received significant sums at other times of the year. Based on this payment pattern, farmers organised loan repayments at appropriate times of the year”.
He said the timing of payments, which represent 100% of many farmers’ income, was absolutely crucial.
“ICMSA requests that the Single Farm Payment be brought forward to October”. He said this would give farmers time to pay bills before the end of the tax year.
