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Tax in Farming

2»

Comments

  • #52
    Earnshaw
    Registered Users Posts: 198 ✭✭Earnshaw


    Mayo_fan wrote: »
    I’ve come across a fair few of your posts giving tax and accountancy advice to fellow farmers. I think the mods seriously need to add a note to your signature advising posters to ignore your advice as you generally advise tax evasion (not avoidance).

    Yes but doesn't Revenue in a sort of a way allow for this? Like they've decided that given the incomes are so crap that this leeway sort of compensates the farmers. And it's up to individual farmers themselves in what way they want to exploit these things. Maybe Revenue do cause hardship in an audit but there'd be a lot of work in clawing back a few quid towards electricity, diesel and buildings surely.

    A bit like in the case of chicken farmers which was exposed recently... https://www.irishtimes.com/business/agribusiness-and-food/chicken-farmer-sues-revenue-over-failed-family-business-1.4260301


  • #53
    duffysfarm
    Registered Users, Registered Users 2 Posts: 853 ✭✭✭duffysfarm


    no, no, no.
    Revenue can not and will not turn a blind eye to the practices of any one sector. i work as an accountant and i read that article before on irish times and i cant figure out what is going on

    Earnshaw wrote: »
    Yes but doesn't Revenue in a sort of a way allow for this? Like they've decided that given the incomes are so crap that this leeway sort of compensates the farmers. And it's up to individual farmers themselves in what way they want to exploit these things. Maybe Revenue do cause hardship in an audit but there'd be a lot of work in clawing back a few quid towards electricity, diesel and buildings surely.

    A bit like in the case of chicken farmers which was exposed recently... https://www.irishtimes.com/business/agribusiness-and-food/chicken-farmer-sues-revenue-over-failed-family-business-1.4260301


  • #54
    Earnshaw
    Registered Users Posts: 198 ✭✭Earnshaw


    duffysfarm wrote: »
    no, no, no.
    Revenue can not and will not turn a blind eye to the practices of any one sector. i work as an accountant and i read that article before on irish times and i cant figure out what is going on

    According to the whistleblower, Revenue turned a blind eye to the sector.


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