Agricultural Qualification to qualify for stamp duty relief - Green Cert

i_steal_sheep

I'm 29 and have no Agricultural qualification yet - in order to qualify for stamp duty relief etc when I go on to inherit the family farm. I already have a degree - Level 8 from an Institute of Technology and am working away in a good job so my time is at a premium and my options are somewhat restricted by this, in that I cannot enroll in a full time course. What are my options? I did read something in the Irish Farmers Journal recently - by Peter Young that perhaps over the next while Third Level Institutes may in fact offer courses that are currently only offered by Teagasc. Does anybody have any advice on this?

John_F

the stamp duty relief was up for renewal by gov the end of june, everything was kept hush hush and as far as i know the scheme isnt being renewed, better off to check though, as for people with degrees i know a lad who only had to do one year in ag college and home farm placement was in that, he was using the brain

i_steal_sheep

Cheers John_F.. From my understanding, any tinkering of stamp duty exemptions would only apply to deeds executed/transferred after 31 Dec 12. I could be wrong though...

John_F

ya looking at this you are right http://www.google.ie/url?sa=t&source=web&cd=2&sqi=2&ved=0CCAQFjAB&url=http%3A%2F%2Fwww.revenue.ie%2Fen%2Ftax%2Fstamp-duty%2Fleaflets%2Fsd2b.pdf&ei=9a4RTvOYDdKHhQft_pjGDQ&usg=AFQjCNEZ-nkgYKGAsg01n--10wXR5habcw&sig2=dRgojI217kOB4T8vNtmAmg

aristo

John_F wrote: »

ya looking at this you are right http://www.google.ie/url?sa=t&source=web&cd=2&sqi=2&ved=0CCAQFjAB&url=http%3A%2F%2Fwww.revenue.ie%2Fen%2Ftax%2Fstamp-duty%2Fleaflets%2Fsd2b.pdf&ei=9a4RTvOYDdKHhQft_pjGDQ&usg=AFQjCNEZ-nkgYKGAsg01n--10wXR5habcw&sig2=dRgojI217kOB4T8vNtmAmg

So essentially the green cert is useless for stamp duty relief now?
I think if the OP had the green cert the farm would need to be transferred before he reached 35

funny man

the sooner this loop hole is closed off the better.

maidhc

funny man wrote: »

the sooner this loop hole is closed off the better.

Why?

Tipp Man

maidhc wrote: »

Why?

Agreed WHY??

funny man

i_steal_sheep wrote: »

I'm 29 and have no Agricultural qualification yet - in order to qualify for stamp duty relief etc when I go on to inherit the family farm. I already have a degree - Level 8 from an Institute of Technology and am working away in a good job so my time is at a premium and my options are somewhat restricted by this, in that I cannot enroll in a full time course. What are my options? I did read something in the Irish Farmers Journal recently - by Peter Young that perhaps over the next while Third Level Institutes may in fact offer courses that are currently only offered by Teagasc. Does anybody have any advice on this?

This stamp duty relief was designed to give young farmers a break when inheriting a farm from a parent/uncle/aunt, unfortunetly almost everyone under 35 who is going to inherit land does the coarse to avail of this relief even if they have no intention of farming the land, this is part of the problem why young farmers who have no land can't get any.

Tipp Man

funny man wrote: »

This stamp duty relief was designed to give young farmers a break when inheriting a farm from a parent/uncle/aunt, unfortunetly almost everyone under 35 who is going to inherit land does the coarse to avail of this relief even if they have no intention of farming the land, this is part of the problem why young farmers who have no land can't get any.

Isn't that the fault of the Ag collages for taking in people who have no farming, the relief is good and is very much needed

Stamp duty is the biggest con ever anyway

Western Pomise

wondering if I have missed the boat re stamp duty relief?.....did green cert in around 2003....the 80 hr course.....am part time farmer....am 35 now....any time I mentioned transferring land to my Dad there would be a change of subject from him....usual story...I do 80% of work on farm....but have siblings so he doesnt want to do anything re transfer.....Had it to be done before I was 35....Mistakenly I thought you could do it in 35 th year too...Lost interest in whole transfer craic after they got rid of installation aid back a while ago.

jay gatsby

i_steal_sheep wrote: »

I'm 29 and have no Agricultural qualification yet - in order to qualify for stamp duty relief etc when I go on to inherit the family farm. I already have a degree - Level 8 from an Institute of Technology and am working away in a good job so my time is at a premium and my options are somewhat restricted by this, in that I cannot enroll in a full time course. What are my options? I did read something in the Irish Farmers Journal recently - by Peter Young that perhaps over the next while Third Level Institutes may in fact offer courses that are currently only offered by Teagasc. Does anybody have any advice on this?

In more or less the same situation as yourself and was thinking of doing the course for "just in case" reasons. The old 80 hour course for those with a non farming qualification is gone. You can do a 1yr-18 months distance learning course to get the required level 6 cert. This is run by Teagasc and you apply through them. However this course still requires that you attend your nearest ag college for about 10-15 days per year. These days are currently held during the week so obviously it is tough for a 9-5er to attend and they are compulsory.

To be honest I don't know how worthwhile this course will be in the future as a lot of the funding and exemptions it entitled you to are being withdrawn but then again I don't know all the ins and outs.

shy_boy

just wondering does doing the agricultural level 5 have any benifits if so what are they??
thanks and sorry for pulling up old thread

freedominacup

shy_boy wrote: »

just wondering does doing the agricultural level 5 have any benifits if so what are they??
thanks and sorry for pulling up old thread

What age are you? When was/will the land be transfered? When did you do the level 5 course?

Curious Geroge

i_steal_sheep wrote: »

I'm 29 and have no Agricultural qualification yet - in order to qualify for stamp duty relief etc when I go on to inherit the family farm. I already have a degree - Level 8 from an Institute of Technology and am working away in a good job so my time is at a premium and my options are somewhat restricted by this, in that I cannot enroll in a full time course. What are my options? I did read something in the Irish Farmers Journal recently - by Peter Young that perhaps over the next while Third Level Institutes may in fact offer courses that are currently only offered by Teagasc. Does anybody have any advice on this?

Teagasc Cavan has a course you can do if you have a Level 8 degree. Its an online course with a requirement to travel there a couple of times over the period of the course. I did this back in 2004 when it was first started.

naughto

the only info ican find
http://www.teagasc.ie/training/courses_charges.asp

the part time one is done on line
has any one done this it seems very expensive tho

shy_boy

freedominacup wrote: »

What age are you? When was/will the land be transfered? When did you do the level 5 course?

im only 22 the land wont be transferred until im 26 me da is still a young man(so he reckons:rolleyes:) anyway im wondering should i do the course now im hoping to do the dairy management course after that as its what Im interested in we have tillage at the mo. I am just trying to work out weather i should Work now(on dairy farm) and do the course later or vise versa!

shy_boy

naughto wrote: »

the only info ican find
http://www.teagasc.ie/training/courses_charges.asp

the part time one is done on line
has any one done this it seems very expensive tho

cheers

Bodacious

i recently had to give Teagasc a E150 payment to verify that my BSc (Hons) Agriculture is equivalent to the green cert, handy earner for them :mad: as bought land off of a family member stamp duty was only 1% anyway so saved f**K all, also had to give my University E60 to send out an original degree scroll/certificate.. original one was in a safe place, too safe

freedominacup

shy_boy wrote: »

im only 22 the land wont be transferred until im 26 me da is still a young man(so he reckons:rolleyes:) anyway im wondering should i do the course now im hoping to do the dairy management course after that as its what Im interested in we have tillage at the mo. I am just trying to work out weather i should Work now(on dairy farm) and do the course later or vise versa!

I think you have to do a level 6 course. Google SD2B revenue leaflet if you did the level 5 after 2007 I think you'll have to do a level 6. You probably have most of the work done for a level 6 considering you have the level 5. If you did the level 5 before '07 then read the transitional arrangements section on the first couple of pages of the leaflet.

shy_boy

freedominacup wrote: »

I think you have to do a level 6 course. Google SD2B revenue leaflet if you did the level 5 after 2007 I think you'll have to do a level 6. You probably have most of the work done for a level 6 considering you have the level 5. If you did the level 5 before '07 then read the transitional arrangements section on the first couple of pages of the leaflet.

level 6 course seems to be only 2 weeks as posted above. I have not yet done level 5 yet have you done it? but it must be done as me dads Ag adviser said i wouldnt be entitle to any grants or schemes in the future if not:eek:

Irishmale

Just rang up there about getting the ACA and there seems to be nothing part-time available until 2015. Thats very far away. Maybe there is something sooner full -time. What is full time? Is it like a year or something? 9-5?

nashmach

Irishmale wrote: »

Just rang up there about getting the ACA and there seems to be nothing part-time available until 2015. Thats very far away. Maybe there is something sooner full -time. What is full time? Is it like a year or something? 9-5?

What about the online version or is that closed now for applications?

Irishmale

nashmach wrote: »

What about the online version or is that closed now for applications?

The online version is full and won't be a new one for 18 odd months

liam7831

Stamp duty 1% does this not make the Green Cert a total waste of time???

nashmach

liam7831 wrote: »

Stamp duty 1% does this not make the Green Cert a total waste of time???

Not a waste of time but it will reduce the amount you pay and who knows what the 1% may be in the future.

Also, with a young farmer's definition been mentioned in the latest CAP negotiations, perhaps the Green Cert may hold more importance.

freedominacup

liam7831 wrote: »

Stamp duty 1% does this not make the Green Cert a total waste of time???

Has the course changed much in the past 20 years? If it has't then that question needs to be edited a bit to include the word still. I don't think a child just finished sixth class would have had any bother with it in my time, a total joke.