The extension of Consanguinity and Consolidation Relief has been warmly welcomed by Macra na Feirme
For Immediate Release: 13 October 2020
“Minister O’Donoghue has made an important move in the commitment to young farmers, these reliefs are essential,” said Macra na Feirme President Thomas Duffy.
Core to the Macra Pre-Budget Submission, the decisions to extend Consanguinity relief is particularly important due to the limitations on state aid rules by the EU. Similarly, as identified by the Macra na Feirme Land Mobility Service, land fragmentation is a major obstacle to young farmers, particularly in the border, midlands and western region, which consolidation relief address.
“These tax reliefs are essential to young farmers. Macra fought hard for the extension of these reliefs to deliver for young farmers. Macra na Feirme complements the efforts of the Minister for Agriculture and the Minister for Finance in continuing these essential reliefs for young farmers. Minister Donohue referenced the road ahead during his speech, the road ahead for young farmers is considerably challenging and these reliefs act as an aid to entry, lessening the financial burden to young farmers starting out on their farming career” President Duffy added.