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Troika Review 20th October

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  • Registered Users Posts: 74 ✭✭IRISHREDSTAR


    Why it that farmers are getting is are treated differently by the Government when it comes to Social Welfare.
    Example a Single Farmer with a business worth hundreds of thousands or millions of euro namely his farm (land machinery etc.) and still claim the full rate of dole. Of 188 Euros per week into his bank.

    He can have 20 grand in cash in the bank as - The first €20,000 of the capital is disregarded
    • €20,000 to €30,000 is assessed at €1 for every €1,000
    • Next €10,000 is assessed at €2 per €1,000
    • Excess of €40,000 is assessed at €4 per €1,000
    The assessment only applies to units of €1,000. Therefore all amounts should be rounded down to the nearest €1,000. For example if you have €38,400 in the bank, the first €20,000 is disregarded, €10,000 is assessed at €1 per €1,000, which is €10 and the remaining €8,000 is assessed at €2 per €1,000, which is €16 per week. So your income from capital is €26 per week. (dept of s.w.)

    Weekly rate of farmers dole is 188 -26 means a farmer with a very nice farm nice payments from the E.U. sod all tax to pay with 38 grand in the bank gets 162 Euros dole each week and if he has a wife and kids about 350 a week dole money to a rich man.
    This applies to nobody else if a unemployed worker has land, expensive machinery etc. other that their family home they would forced to sell this by the social welfare.

    The whole idea of paying working farmer businessmen the dole is a farce most farmer’s pay sod all tax because they can fix the paperwork. They pay no tax on diesel, why should they be getting the dole.


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