Kieran Coughlan: IFA makes strong Budget tax change case

The IFA have made their pre-budget submission to the Department of Finance.

In terms of farm taxation, IFA builds on measures introduced following last year’s agri-taxation review, with suggestions on how our tax code can be tweaked to “increase efficiency, encourage timely farm transfers and overall, grow output at farm level, leading to an increase in earnings for the economy”.

The document is comprehensive in detailing proposals which could benefit farmers, as follows.