independent

Thursday 17 April 2014

You can have your say on farmers' tax breaks

Farm tax: consultation under way

If you're a farmer who couldn't get by without tax breaks, or you simply have strong views on farmers' tax perks, tell the Department of Finance by March 25.

The department has launched a public consultation on farming tax breaks – so it can examine if the incentives are worth it.

It is asking farmers and farming advisers to let it know which tax breaks work well, and which don't. The department is also asking if any tax breaks should be introduced to attract young people into farming. If you want a say, email agritaxation@finance.gov.ie.

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Higher taxi fares could be on the cards – if new rules planned for the industry kick in.

Under new draft regulations, all new taxi drivers must have wheelchair accessible vehicles. The Competition Authority believes these vehicles are more expensive to purchase and drive than standard cars – so this new rule could make it more difficult for people to get into the industry, thereby reducing competition.

This in turn could push up the price of cabs – so consumers will have to wait longer for taxis, says the Competition Authority.

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