Approved tag suppliers agree to collect ICBF levy
An agreement has been reached with tag suppliers approved by the Department of Agriculture on on a new funding mechanism for the Irish Cattle breeding Federation (ICBF).
The Minister for Agriculture Food & Marine, Michael Creed announced agreement following detailed discussion on how to continue the successful operation of the ICBF following a massive funding fall off since its levy on tags became voluntary last year.
Approved Tag suppliers will now make a contribution of 38c (incl Vat) to ICBF on all new tag sets sold.
In an arrangement facilitated by the Department of Agriculture, Food and the Marine, all approved Tag suppliers have agreed to make a contribution to ICBF to the amount of €0.38 (including vat) on all new sets of tags sold.
The new agreement will start on November 1, 2017.
ICBF, since its inception, has relied on a three-way partnership approach to its funding through financial support from the Department, through service provision and importantly, though a direct financial contribution from all farmers when ordering their identity tags.
The new funding mechanism means that all approved Tag suppliers will pay €.38c per set of tags( incl VAT) from the new tag ordering season starting autumn 2017.
The Department has at the same time committed to its continued financial support of ICBF.