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Susi grant and farm assets

  • 17-08-2015 10:50pm
    #1
    sboyle01
    Registered Users, Registered Users 2 Posts: 243 ✭✭


    Does farm assets affect the income limit for getting the college grant and to what extent. I see they look for a full set of accounts including balance sheet.


Comments

  • #2
    0byme75341jo28
    Closed Accounts Posts: 2,571 ✭✭✭0byme75341jo28


    Don't think so, was some controversy about it a few years ago.


  • #3
    sboyle01
    Registered Users, Registered Users 2 Posts: 243 ✭✭sboyle01


    Kaiden Screeching Kidney wrote: »
    Don't think so, was some controversy about it a few years ago.

    I was thinking that. It's strange they want a balance sheet as a lot of farmers just prepare a profit and loss account.


  • #4
    Sup08
    Registered Users, Registered Users 2 Posts: 1,688 ✭✭✭Sup08


    sboyle01 wrote: »
    I was thinking that. It's strange they want a balance sheet as a lot of farmers just prepare a profit and loss account.

    If there is a profit from the sale of any assets, then this is taken into account as reckonable income. Equally, a loss is subtracted.


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