If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Lump sum

kollegeknight · 2016-05-16 22:39:41

Hi folks, The farm may be due a lump sum (24-27k) either this year or next from electric it posts. The farm has plenty of sheds and two decent tractors. (Case 785 And mf135) but badly needs fencing, drainage and equipment like a topper and stuff. If I spend the money when I get it, what does that do re tax? I have zero…

16-05-2016 10:39pm

#1

kollegeknight

Registered Users, Registered Users 2 Posts: 3,358 ✭✭✭

Join Date: January 2005

Posts: 3308

Hi folks,

The farm may be due a lump sum (24-27k) either this year or next from electric it posts.

The farm has plenty of sheds and two decent tractors. (Case 785
And mf135) but badly needs fencing, drainage and equipment like a topper and stuff.

If I spend the money when I get it, what does that do re tax? I have zero clue about tax.

I will be going to a financial advisor just re running farm after take over. Just a general idea.

Many thanks in advance.

0