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Young Farmer Setting Up

  • 27-01-2016 4:38pm
    #1
    oxjkqg
    Registered Users, Registered Users 2 Posts: 307 ✭✭


    My idea/situation
    I am a qualified engineer, working, doing the green cert distance course, will be finished in may.
    Hav taken on my own few acres this year just to make a start, setting up my own herd number too and i will rear the replacements and a few more heifers as a bit of an enterprise.
    Would i be able to construct a shed/tank on my parents home farm and still be able to get the 60% grant on this?


Comments

  • #2
    Sunderz95
    Registered Users, Registered Users 2 Posts: 14 ✭Sunderz95


    You'd need to be in a partnership to be able to build on your parents farm.


  • #3
    ODUBHLAOICH
    Registered Users, Registered Users 2 Posts: 11 ✭ODUBHLAOICH


    oxjkqg wrote: »
    My idea/situation
    I am a qualified engineer, working, doing the green cert distance course, will be finished in may.
    Hav taken on my own few acres this year just to make a start, setting up my own herd number too and i will rear the replacements and a few more heifers as a bit of an enterprise.
    Would i be able to construct a shed/tank on my parents home farm and still be able to get the 60% grant on this?

    The deadline was last March/May, cant remember which, if you missed that deadline I think you have missed the Young Farmers Scheme.


  • #4
    Timmaay
    Registered Users, Registered Users 2 Posts: 11,396 ✭✭✭✭Timmaay


    Your in dairying right? Definitely talk all this through with a good farm planner/specialist of some sort, ie a good teagasc adviser if you have one. One thing you need to remember is you are classified as a young farmer for 5years from the date you 1stly had your name on a herd number, if you take out a herd number now for replacements, with the view to taking over across say 10years be careful that your 5years could run out sooner than you expect (ie if you go into partnership in another 3 years, and you want to modernise the place you'll only have 2years to do it). The partnership route is very appealing for other things such as the 5k/year tax credits, higher ceilings on grants etc.


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