Maybe he is doing this for lifestyle changes and family, everyone has different views on what they want out of life, here myself and the wife worked hard to pay our house mortgage off as quickly as we could and done it 15 year ahead of the term, we worked hard farming With full time jobs and I milked cows for neighbours and had several night jobs as well driving etc. to make extra money and two kids along the way. When the house was paid for the wife gave up work to stay at home and after Covid she has gone back to work because she missed it. We also have a girl who has spent the last 3 years attending hospitals and 4 surgeries later is getting better and this changes life’s outlook. Sometimes it’s not all about money, a neighbour worked every hour and grabbing for 45 years died and left 700 acres behind and money, the family set the farm and as people say local it’s now like he never existed. Life for living.
100 bales per week 👀👀 no thanks
We have a bale shear the last few years. Before the grant came in. It is a safety thing first and foremost - you don't need to be out walking around bales that are on the loader pulling at plastic or net. You can say that a person can put the bale down when taking those off, but in reality these things are done as quickly as possible. Especially when you are feeding maybe up to 100 bales a week in the middle of winter when everything is in and days are short.
Splitting them also makes the bales a little bit easier to spread out along a feeding passage.
I remember them saying calf feeders were waste of money for a few weeks of the year. Of course they do have a bad track record when it comes to calves
You have to only look to the part time folks for serious time saving techniques
There's no point guilting lads who want a bale shear to save the hardship of arsing around with bales whether it be 100 or 1000. As long as they appreciate the hours and energy saved over the winter it's not for anyone else to scoff at
Remember being at a teagasc talk one teagasc man was spouting quads were gadgets and the likes as if he wont need it to go for cows after a long days work these things needed now as labour is scarce i buy these gadgets as i need them an coclude they will make my life easier and save paying labour i have everything bar a robot to milk the cows.Most of the auld lads with bad hips was due to hardship handscraping slurry no power shuttle tractor forki g silage.
Sure he’ll be making 35k in the new job, draw payments on farm and enter as many schemes as possible will surely pull in another 15k and then finish 80 cattle a year if he was milking 40 be well possible at the a margin of 5/600 a head which you’re always is saying is possible he’ll be heading towards a combined income of 100k a year without the hardship of dairy…
There is a significant difference between a 95k and a 25-35k salary. The person on the low low salary is limited by the 50 hour average week so will struggle to earn more that 20-30% on top of there yearly salary.
There is a significant difference between a self employed and a PAYE worker and nowadays on top of that you get exactly the same tax allowances. On top of that you will have significant travel and childcare costs.
Yes he can go to dry stock and work and do what I do. His working day will be 7 hours ( I presume a 35 hour week) plus am hour for lunch and the bones of an house to get too and from work so that a 45 hour week without OT. Add 15-20 hours on the farm and it's a 60+ hour week and he is still 20-30 K behind his present income.
I presume that George has everything thing possible written off is that not the point I made. 🦆 You would want to start reading posts you are always at the sh!t of misinterpreting what I post on particular. You
Seem to have a bee in your bonnet. Get over it read the posts and stop misinterpreting and actually understand the post. A self employed income 70-100k would need 90-120+ of a comparable PAYE income to have the same outcome
There is a balance between under investment and over investment. Efficiency is the same. When you add in labour tine and other factors the lad with 50-80 cows under 170 kgsN/ Ha, running a dry stock operation that maximizes his culls and poorer value dry stock may not be far behind a kad with the same land base and running double the cows
Feed out 1100+ bales here every winter, a bale shear would be a gift to that job every day but we’d be lazy then… a lot different story if the lads buying it are putting in 3 bales a day…
I would nt go on a public forum advocating fraud if you think an auditor is going to swallow a receipt for tarmac as a farm expense you're very mistaken.anyway you d get.alot of crowds would do it cheaper for cash than you d save with a receipt if you want to advocate fraud
From talking to contractors and builders I'm led to believe you are more likely to go broke with 300 cows than 50.
One thing though is that you had a viable farm passed on to you and if you just stand still and take it easy you won't be able to pass on a viable farm to the next generation. Having said that, they might be better off without it.
I see loads of lads buying those things to open the bales alright because they're too lazy to get off the seat. They are gone away up in price I hear since the grant came in for them.
It also assumed that George is too thick to know that he could have written off expenses against his income.
George might have been well ahead of him and been writing off that massive refrigerated warehouse over the years as a farm expense, and been carefully stocking it up with a lifetimes supply of dog food. He might also have a 6 high driveway after getting it tarmaced so often. And that before he has his reverse-engineered 95k left.
I, like I presume most posters on here, was shocked to learn that you can write off expenses against your tax. Luckily we have someone who can give us these secret insights.
Can't he do the above re the 60 bullocks make a fortune like you allude to along with his sfp, and not have to milk cows 7 days a week, why did you leave the earning potential of his farm out of your calculations to make a bulls**t point
@cute geoge and @mahoney_j are comparing a 550/week wage with maybe a bit of OT say 30-32K/year with the eaning from 50 cows. CG was on about starting and finishing time usually in those admin jobs the one thing you have to do is be there. The scales maxes out at 35K. for the OT to pay it has to be mainly saturday or Sunday. The divisor for OT is usually over 40 hours even though you are only working a 35 hour week. If he was working fulltime at it he be starting on 480ish after tax even wuth a bit of OT he will struggle to make 550/week.The Clerical assistant rate goes to about 35Kish.
I finish 60 cattle on the farm and my farm payments are about 13-14K and I make more than the CA(afer tax) at there max from farming and I can hide more income than they can. If CG left 30K to the collector general his taxable income was about 95K for last year it might even be higher as he should be forecasting less perliminary tax for 2023. He also have depreciated a car, a jeep or van, phone, heating oil, dofg food. He might even have had the driveway to the house tarmaced and written it off as a farm roadway or build a garage alongside the house and written that off. Unfortunately by the time I started farming I had the garage and driveway done.
Absolutely fine the above once your not expecting a son/daughter to not follow on after you and then taking a hissy-fit when you hit pension age and the above wants to mortgage the place to try and rectify 20 odd years of , living of depreciation
Agree with alot u say but reseeding is essential silage and grass is on a different par with new grass
Careful now
Best of luck with the job, see how it goes Sher you don't have to stay at it.
I agree with bass, 50 cows here and keep some dry cattle in out side places. I draw the sfp (or whatever the fucck its called now), the disadvantaged and the acres. That's nearly 18000.
I've said it 10 times already, hunt the company reps and the van sales men out of the yard. And keep your money in your pocket and you will have plenty.
Madness the amount of gadgets and technology fellows need now to feed the cattle and milk a few cows. A handy tractor and a pike would feed a lot of animals in an hour. They can't get off their holes to take off the plastic and have to go to the doctors for tablets because they are unfit.
I don't grass measure, milk record, have advisors out, rarely reseed. Ye are giving it away too easy lads
You don't need 300 cows to survive
Because he has gone from a situation where after all allowances and expenses , he has still paid 30k in taxes for 2022.
To earning a Gross of 30 k ( less deductions that he would never have encountered before such as Superann and Pension levy) plus whatever rent / subsidies the farm will make .
Unless the rent of the farm and/ or subsidies are high , he has to be worse off , on an annualised basis
It's pointless replying to the Oracle himself. what do us mere mortals know 😁
I’ve in-laws and know numerous civil servants ….zero sympathy …beteween. Milking it with work at home days ….sick days🙄🙄🙄….etc etc it’s a giant gravey train …yes aa farmers we have flexibility sort of with childcare and school but we’re still self employed …as dairy farmers cows have to be milked twice a day stick have to be fed etc we take time during day for school runs child minding et. We have to make that time back up by starting work day earlier …working later and sure Saturdays and Sundays they ain’t days off 😀
Is that 550 gross? 15 an hour? I thought it would be a bit more rewarding, not much money left for pints there.
That's poor going for anyone used to working for themselves. I know I'd melt in an environment like that.
I hope it works out for you, as my old Aunty's says, "it'll be an experience..."
It's costs 50 euro/week minimum for the majority of people to go to work. That is aside from childminding. While a farmer might not be able to eliminate all childminding costs they definitely can hang them. As well when children are in Primary and post primary school they can manage the farm around school hours
It's amazing the way people always look at the grass half empty compared to half full
ca clock off on Friday …finishes at 4/5 …gets 21 days holidays plus benefits …sick days …bank holidays etc etc
The only show in town is dairy despite all the whinging.40 cows wud easily leave what a cs job cud.Theres plenty of part time farmers loosing money at beef and sheep.
I think he meant the opposite that he would be financially better off having a regular wage every month no matter what. Happens outside.
How would he be any worse of financially at current milk prices, obviously still has the farm and will have a twist out of that aswell,
You’ve just described at least 3 levels of management at my “good job” 😂
Oh god ya milking your own cows is a dirty thought to these guys
