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joint herd number and tax allowance

tomieen jones · 2015-06-01 21:37:03

My son has a good paye paying job and well paid! Keeps a few cattle with myself and I am thinking of adding his name to the herd! Thing is would his wages affect me tax wise? Or affect his tax free allowance? Not that there is much money being made here! Also my reps payments and this new beef scheme? On the other hands if…

01-06-2015 9:37pm

#1

tomieen jones

Registered Users, Registered Users 2 Posts: 269 ✭✭

Join Date: December 2014

Posts: 245

My son has a good paye paying job and well paid! Keeps a few cattle with myself and I am thinking of adding his name to the herd! Thing is would his wages affect me tax wise? Or affect his tax free allowance? Not that there is much money being made here! Also my reps payments and this new beef scheme? On the other hands if he came in would he be a new entrant? Avail of grants? His 39 and has done most of the green cert a few years ago only to finish the work experience part
Any one can shed some light on the whole scenario here please?

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