Advertisement
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

Dairy chit chat II

1194195197199200328

Comments

  • Closed Accounts Posts: 2,471 ✭✭✭Panch18


    Are you supposed to be representing Irish dairy farmers or French dairy farmers??


  • Registered Users, Registered Users 2 Posts: 1,614 ✭✭✭cjpm


    kowtow wrote: »
    Careful of those invitations.

    ......

    ......


    The whole thing ended up on the front pages the next morning and the Prime Minister's office sent me a rather large fellow to sit in the corner of my office for the next few months in case I needed "help with my communications strategy.."

    I actually LOL'd when I read this. You could write a book with your stories Kowtow :D


  • Registered Users, Registered Users 2 Posts: 4,890 ✭✭✭mf240


    Maybe you should tell them to concentrate on there own businesses and not worry about the Irish.


  • Registered Users, Registered Users 2 Posts: 178 ✭✭Sillycave


    jaymla627 wrote: »
    the other major point is to avail of tams you have to be fully cross compliant on paper including have adequate slurry storage for all animals on farm on date of application

    Is this correct? Didn't know that


  • Registered Users, Registered Users 2 Posts: 11,719 ✭✭✭✭mahoney_j


    Sillycave wrote: »
    Is this correct? Didn't know that

    Correct and right


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 1,451 ✭✭✭Never wrestle with pigs


    Seasonality is probably one of the biggest differences
    Building new plants to cope with peak yields that are closed now and the workers laid off.

    To be fair those plants run 300 plus days 24/7 non stop and need a few weeks down time for rebuilding from top to bottom so it kinda works out to drop certain plants at this time of the year when f-all milk is in the system.


  • Registered Users, Registered Users 2 Posts: 21,399 ✭✭✭✭Water John


    Don't confuse plant that runs for 40+ weeks with plant that runs 6-8 weeks a year. Invest well in the main plant. Minimise capital investment in the short term plant.


  • Registered Users, Registered Users 2 Posts: 1,451 ✭✭✭Never wrestle with pigs


    Water John wrote: »
    Don't confuse plant that runs for 40+ weeks with plant that runs 6-8 weeks a year. Invest well in the main plant. Minimise capital investment in the short term plant.

    What plants are only running for 6/8 weeks of the year?


  • Registered Users, Registered Users 2 Posts: 21,399 ✭✭✭✭Water John


    Peak plant.


  • Registered Users, Registered Users 2 Posts: 11,392 ✭✭✭✭Timmaay


    Sillycave wrote: »
    Is this correct? Didn't know that

    Yep, the rules also specifically state you cannot use the grant just to make yourself compliant. As part of the tams application you will have to provide details of all your winter accommodation/slurry storage, and current stock numbers, and show you have sufficient winter storage and accommodation. So if you send in an application, and cannot show you have sufficient storage and accommodation then you run the risk of drawing an inspection on yourself. The one "get out of jail" card is deep straw bedding, if you can demonstrate you keep control of all the slurry from the animals in a particular shed then you don't need separate slurry storage for them. This is only really practical though in very dry areas, with loads of cheap straw, where you might get away with only housing animals for 6/8wks of the winter.


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 3,419 ✭✭✭Gawddawggonnit


    jaymla627 wrote: »
    ... the fact you could be waiting over a year to draw it down after you've paid out the money needed upfront is a pretty big ball ache

    Be a bigger ball ache if you had no grant...


  • Registered Users, Registered Users 2 Posts: 3,419 ✭✭✭Gawddawggonnit


    Panch18 wrote: »
    Are you supposed to be representing Irish dairy farmers or French dairy farmers??

    I represent myself.


    I’m only giving an overview of financial supports given to dairy farmers in Ireland....


  • Registered Users, Registered Users 2 Posts: 3,419 ✭✭✭Gawddawggonnit


    mf240 wrote: »
    Maybe you should tell them to concentrate on there own businesses and not worry about the Irish.

    Why?
    Irish farmers scrutinize the NZ system in a fairly intense manner.







    Surely there’s nothing to hide...:)


    Edit:
    Agriland, Farmers Journal etc articles with production figures/costs are always translated into French by the likes of Cedric Garnier et al, and not machine translations either...these William Joyce type broadcasts create a little confusion when CoP’s of low/sub 20cpl are quoted.

    I don’t know if Agriland (etc) have sister companies doing the translation or if it’s just nosiness on behalf of the French...


  • Registered Users, Registered Users 2 Posts: 3,419 ✭✭✭Gawddawggonnit


    VAT.

    Since the vast majority of dairy farmers are not registered for vat, there are certain vat deductions that I’m not sure about.
    What are zero rated? Fert, feed, cows/stock??

    What do, other than machinery, dairy farmers have to pay vat on?

    Anything that’s nailed down is vat free?

    Most importantly, are the 40/60% grant aids inc vat or plus vat?


  • Registered Users, Registered Users 2 Posts: 3,419 ✭✭✭Gawddawggonnit


    PRSI.

    Is the payment of prsi optional?

    Farmers don’t have to pay themselves a wage with the resulting paye/prsi obligations...?

    True?


  • Registered Users, Registered Users 2 Posts: 11,719 ✭✭✭✭mahoney_j


    VAT.

    Since the vast majority of dairy farmers are not registered for vat, there are certain vat deductions that I’m not sure about.
    What are zero rated? Fert, feed, cows/stock??

    What do, other than machinery, dairy farmers have to pay vat on?

    Anything that’s nailed down is vat free?

    Most importantly, are the 40/60% grant aids inc vat or plus vat?

    Grant paid minus vat


  • Registered Users, Registered Users 2 Posts: 3,419 ✭✭✭Gawddawggonnit


    mahoney_j wrote: »
    Grant paid minus vat

    Jeezuzz, so grants are 63/83%?

    Class!


  • Registered Users, Registered Users 2 Posts: 11,719 ✭✭✭✭mahoney_j


    Jeezuzz, so grants are 63/83%?

    Class!

    Tis a great country we live in ,u should come back


  • Registered Users, Registered Users 2 Posts: 8,585 ✭✭✭Mooooo


    PRSI.

    Is the payment of prsi optional?

    Farmers don’t have to pay themselves a wage with the resulting paye/prsi obligations...?

    True?

    Farmers are sole traders if not incorporated and pay the same tax as any other business


  • Registered Users, Registered Users 2 Posts: 1,053 ✭✭✭Injuryprone


    Jeezuzz, so grants are 63/83%?

    Class!

    Should be 51.2%,67.5% I think.

    Bills from building contractors would only be subject to 13.5% vat too I think. So a further reduction in the 'grant' for those items.


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 21,399 ✭✭✭✭Water John


    Don't forget the downsides, cost of finance, cost of land/rent. And it pisses rain, all the time.


  • Registered Users, Registered Users 2 Posts: 5,284 ✭✭✭alps


    And the fukin tax......


  • Moderators, Society & Culture Moderators Posts: 3,511 Mod ✭✭✭✭K.G.


    And thefinal one.things must be better for farming in france than ireland otherwise you re an ejit for going there.😆😆


  • Registered Users, Registered Users 2 Posts: 8,585 ✭✭✭Mooooo


    Be a bigger ball ache if you had no grant...

    You'd be surprised, with a lot of these grants the price for the jobs rise with it. Know a good number who drive on without them, its not about not qualifying either, just can get the job done faster and as cost effective without it


  • Registered Users, Registered Users 2 Posts: 24,623 ✭✭✭✭Reggie.


    Mooooo wrote: »
    You'd be surprised, with a lot of these grants the price for the jobs rise with it. Know a good number who drive on without them, its not about not qualifying either, just can get the job done faster and as cost effective without it

    I get nothing here. Dont look for anything. Less ****e to deal with


  • Registered Users, Registered Users 2 Posts: 7,128 ✭✭✭jaymla627


    Be a bigger ball ache if you had no grant...

    Never drew down a grant here our bps, it's amazing the weight lifted of your shoulders when your not worrying about the department our waiting with the hand out for overdue payments makes planning ahead fierce handy, build all our own sheds here anyways even with our own labour fully costed in would be putting up sheds for half the price compared to the grant route, put up this shed for 27 grand all in building contractor wanted 23 thousand just to erect shed and supply cladding steel no concretr


  • Registered Users, Registered Users 2 Posts: 8,585 ✭✭✭Mooooo


    VAT.

    Since the vast majority of dairy farmers are not registered for vat, there are certain vat deductions that I’m not sure about.
    What are zero rated? Fert, feed, cows/stock??

    What do, other than machinery, dairy farmers have to pay vat on?

    Anything that’s nailed down is vat free?

    Most importantly, are the 40/60% grant aids inc vat or plus vat?

    Amount applicable to Grants are capped on the amount spent also, 40%/60% of 40k if on your own, of 80k if in partnership afaik


  • Registered Users, Registered Users 2 Posts: 11,392 ✭✭✭✭Timmaay


    Should be 51.2%,67.5% I think.

    Bills from building contractors would only be subject to 13.5% vat too I think. So a further reduction in the 'grant' for those items.

    Is it not service vat that's the 13.5%? Also the 5.2% vat refund for non registered farmers, which the government adjusts every year or so based on the volume of vat collected from farmers, I assume this is slightly lower as a result of farmers claiming back capital vat?

    And yeh agreed about tams, its a godsend for some stuff like milking parlours etc, but for other stuff, when you factor in builder inflation, higher specifications, extra paperwork etc, the 40% grant is simply not worth it for many items, or spends under the likes of 15k.


  • Registered Users, Registered Users 2 Posts: 3,419 ✭✭✭Gawddawggonnit


    Mooooo wrote: »
    Farmers are sole traders if not incorporated and pay the same tax as any other business

    Agreed, but that’s income tax.

    The wage you pay yourself is booked as drawings, so no paye and prsi yes?

    Just to clarify.


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 3,419 ✭✭✭Gawddawggonnit


    Water John wrote: »
    Don't forget the downsides, cost of finance, cost of land/rent. And it pisses rain, all the time.

    Outside of cost of finance, the rest would seem very attractive...especially the capital appreciation.


This discussion has been closed.
Advertisement