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THE NECESSITY TO encourage young farmers to get established in farming was acknowledged in Budget 2013, Macra na Feirme has said.
Macra na Feirme national president Alan Jagoe welcomed the renewal of the young farmers stock relief measure in today’s budget, which he said was a key target in Macra’s pre-budget submission.
Jagoe said:
The extension of this measure in the budget acknowledged the necessity to continually encourage young farmers to get established in farming and address imbalances in the age profile.
He said the 100 per cent stock relief maximises the economic contribution from young farmers by “allowing them to quickly optimise their trading stock numbers in a tax-efficient manner”.
The extension of this young farmer tax relief, and the general 25 per cent stock relief for all other farmers, in its current format is critical to the ongoing development of primary agriculture and allowing the industry to capitalise on future growth potential.
Macra also welcomed the introduction of a relief from Capital Gains Tax for farm restructuring, saying that Irish farms are fragmented and young farmers are best positioned to restructure their land base.
“Getting the structural environment right for Irish agriculture is essential for future competitiveness and growth,” said Jagoe.
However, he said he is “absolutely dismayed” that the stamp duty relief on land transfers for young trained farmers was not renewed as it “flies in the face of the Food Harvest 2020 ambitions which include encouraging more young trained farmers to become established in their own right”.
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Quick , get it out of the ground before some hippy makes a propaganda film about it , then gets all the other scroungers to quote it verbatim as ‘evidence’ of why you shouldn’t do this.
Thank god its not Cavan,it would run away!
They say it was worse than expected but still they are going to mine!!come off it,they found something worth while and want to hide it..
I bet after 10 years it will be “we didn expect as much”
We’re rich, we’re rich, we’re stinking focking rich!!
We’re not rich, we won’t see a nugget I’m afraid. Not a red cent either.
got me pan, me gun ,boots im staking a claim,and ill tell ya .leave me be i tell ya. leave me be
There’s gold in dem hills
Sold off another natural resource to the hands of the wealthy like the oil,gas and fisheries beforehand. No benefit to the states citizens or reducing national ponzu scheme debt.
Actually Conory Gold is an Irish company who employ Irish people.
how do i get there…………..my horse dont know way,,,so he tells me,i think hes after the claim himself he dont fool me
Where’s me shovel and pan!!!
Oil…gold…gas…we’re rich…..rich I tellz ya…
Will be off no benefit to the country – no doubt the minister in charge will have received a brown envelope to create tax loopholes!!
Deres gold in dem dar hillz!
Aw I was going to say that XD
KEY FEATURES of Fiscal Framework for mining
Sole right of working minerals vested in the • State
Royalties fixed by individual agreement. • Currently a percentage of net revenues for base metals, and on tonnage extracted in the case of industrial minerals
Private mineral owners receive • compensation
Corporation Tax at 25% for mines, and • 12.5% on income and chargeable gains from general trading
Capital allowances include exploration and • development expenditure, expenditure on plant, machinery, buildings, up to 100%
Immediate write-off of exploration and • development expenditure
Cost of rehabilitation after closure is tax • deductible
Royalts and dead rent range from 1% – 3.5%
Give it to Shell
The basic facts were not covered by the article were:
(a)How deep is the gold? ( ie: will it be an open pit or underground operation?)
(b) What grams/ton grade is initial drillings
(c) Is it narrow vein or broadcast?
(d) If open pit, what amount of overburden (waste) has to be first removed.
This non-specific type of article gives goldmining a bad name because it
does not critically look at the economic viability of gold mining and makes
the assumption, without adequate facts that a mine is possible.
Mine design and plant details will be obvious once the gold resource is
qualified by JORC drilling. As yet there has been no published results
except hear-say.
Cheers
Moorookamick
Your last paragraph make the first pointless..
What’s the name of the company who hit the contract for the gold that’s actually found, probably ends in Stein or Berger, or maybe even feller or child, heimer. Need I go on?
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