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Penalty for "disbanding" a herd?

  • 17-08-2015 6:29pm
    #1
    Merrion
    Registered Users, Registered Users 2 Posts: 1,424 ✭✭✭


    The in-laws have a small herd of beef cattle (20 ish) and circumstances have changed such that they can't realistically look after them - but they are worried there is some financial penalty if they sell them off during the year.

    Is this true and, if so, is it a significant amount/issue? Or what's a sensible thing to do in this circumstance?


Comments

  • #2
    Willfarman
    Closed Accounts Posts: 3,239 ✭✭✭Willfarman


    I think the accountant is who to ask.


  • #3
    dohc turbo2
    Registered Users, Registered Users 2 Posts: 848 ✭✭✭dohc turbo2


    Stocking rate and seven month keeping I presume u talking about for the Sfp


  • #4
    Merrion
    Registered Users, Registered Users 2 Posts: 1,424 ✭✭✭Merrion


    Sounds like "Single Farm Payment" alright - I'll have a read .. thanks.


  • #5
    Sam Kade
    Registered Users, Registered Users 2 Posts: 12,313 ✭✭✭✭Sam Kade


    It's the disadvantage area payment if they are in receipt of it that will be affected. Won't make any difference to sfp.


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