Kieran Coughlan: Some good news from the taxman on livestock leasing

Within the last few weeks, Revenue published a tax briefing covering the tax treatment of animal leasing.

This is the first such tax briefing by Revenue specifically on animal leasing — in itself a reflection of the changing nature of farming.

The concept of leasing out animals may border on the absurd for most of us farmers, however this is much more common in other parts of the world, and if it works there, surely we should consider if there is a place for it in Ireland.