Budget to help young people get into Farming
02/12/2012 Website News
Next week�s budget will contain a new taxation policy to encourage the restructuring of farms and help young people get into farming, Minister for Agriculture Simon Coveney suggested yesterday.
Speaking to the Irish Creamery Milk Suppliers� Association�s (ICMSA) agm in Limerick, he said the budget would introduce a strategic new taxation policy in relation to the consolidation of land and restructuring of farms.
�What we did last year in the budget strategically, around using the taxation system to try and encourage new behaviour, generational change in farming, encouraging farmers to form partnerships with each other, encourage more long-term leasing of land . . . we will be trying to build on a lot of those again in this budget,� he said.
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