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Eamonn Farrell/Photocall Ireland

Macra say budget measure will encourage young farmers

Macra na Feirme has said that the renewal of the young farmers’ stock relief measure could also help address age profile imbalances in farming.

THE NECESSITY TO encourage young farmers to get established in farming was acknowledged in Budget 2013, Macra na Feirme has said.

Macra na Feirme national president Alan Jagoe welcomed the renewal of the young farmers stock relief measure in today’s budget, which he said was a key target in Macra’s pre-budget submission.

Jagoe said:

The extension of this measure in the budget acknowledged the necessity to continually encourage young farmers to get established in farming and address imbalances in the age profile.

He said the 100 per cent stock relief maximises the economic contribution from young farmers by “allowing them to quickly optimise their trading stock numbers in a tax-efficient manner”.

The extension of this young farmer tax relief, and the general 25 per cent stock relief for all other farmers, in its current format is critical to the ongoing development of primary agriculture and allowing the industry to capitalise on future growth potential.

Macra also welcomed the introduction of a relief from Capital Gains Tax for farm restructuring, saying that Irish farms are fragmented and young farmers are best positioned to restructure their land base.

“Getting the structural environment right for Irish agriculture is essential for future competitiveness and growth,” said Jagoe.

However, he said he is “absolutely dismayed” that the stamp duty relief on land transfers for young trained farmers was not renewed as it “flies in the face of the Food Harvest 2020 ambitions which include encouraging more young trained farmers to become established in their own right”.

LIVE: Budget 2013 as it happens>

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    Mute Mark Malone
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    Jan 1st 2021, 6:44 AM

    If there is to be a silver lining in all this, I hope that those people that used to breathe down the back of your neck in queues, finally get the awareness to give us some personal space.

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    Mute JillyBean
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    Jan 1st 2021, 6:53 AM

    @Mark Malone: I’m afraid they are still around and continue to do so regardless of restrictions

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    Mute Contrary Mary
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    Jan 1st 2021, 8:40 AM

    @Mark Malone: Been thinking something like this. Manners will come back again. Just got to work on the spitting and urinating everywhere now.

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    Mute Spbeak
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    Jan 1st 2021, 7:23 AM

    There should be greater nuance in the question phrasing e.g. it is not complusory to wear a mask in public spaces, it should be asked if people either wear masks in enclosed spaces (shops/buses etc.) or in crowded public places. Would have been useful also to see fear added to the emotional well-being tracking – probably a prevailing emotion at the start that would hope has declined significantly.

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    Mute Jim Smith
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    Jan 1st 2021, 9:03 AM

    @Spbeak: To suggest that 90% of people wear masks in all public places is just incorrect

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    Mute NotMyIreland
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    Jan 1st 2021, 10:15 AM

    @Spbeak: does worry and anxiety not kind of cover fear?

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    Mute Sean
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    Jan 1st 2021, 10:33 AM

    @Jim Smith: well the survey relies on people reporting their own behaviour the true figure probably a bit lower alright

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    Mute Garry Coll
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    Jan 1st 2021, 11:26 AM

    @Jim Smith:
    Depends I suppose, on what you call a public space for the purpose of mask wearing.
    Walking down a street in the open air is in public, going for a walk on the beach or in a town park with your children is in public, but where social distancing is not an issue, then facemasks are a matter of choice.
    From what I observed during December, facemasks were being worn by nearly everyone, certainly greater than 90%, in the places where social distancing was a difficulty, retail parks, shopping centres and such like. If fact most people seemed to be putting on their facemasks before they got out of their cars and were being extremely diligent and responsible about it.
    Someone else has suggested that the questions asked in this article are a bit vague, I think they are correct.

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    Mute Brian Ó Dálaigh
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    Jan 1st 2021, 3:28 PM

    @NotMyIreland: not really. Fear is a separate, though related, emotion.

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    Mute Gary Kearney
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    Jan 1st 2021, 12:59 PM

    The numbers shown and the ups and down in the infection numbers match. Says everything.

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