60% TAMS grant for women farmers.

Interesting must look it up. I’m the skivvy around here 😂😂😂 .

There one for you my farm will qualify as well. Nothing like forward planning. Everything comes to he who waits

Alternative years farm qualified. Originally herd number was in spouse's name, partnership since I retired

She was job sharing when I bought the place twenty years ago. At the time there was off farm limits for grants. She qualified as a trained farmer as well as her father had a farm.

Never needed to use it as they removed the off farm income limits. If I was to get any value out of it now I would need more land

I know of someone in the country. A male who has now changed gender to female.

Can't be changed in my eyes. But their name has changed to female and dress has changed. Don't know about what else changed. It's their own business.

But I'd imagine if they were to apply they'd qualify for the grant.

A possible repercussion from this could be other minorities in the farming community should also be encouraged and rewarded similarly by the dept. All things being equal. Or not.

There is something coming alright but you have to have completed the green cert in specific years to qualify according to a neighbour here. It affects him but not me so I wasn't really that tuned in when the conversation was going on.

What’s the years farmed eligibility?

It’s not discrimination if it’s a minority that’s being targeted positively.

same with the grants that can be got for hiring females over males in engineering roles.

not the same for jobs where men are minorities though.

It's a good thing for those that benefit and I'm all for getting as much from the state as possible as I pay enough tax, but I doubt it will result in many spouses becoming more engaged.

Those in good relationships with an interest will already be engaged.

Those with no interest or a poorer spouse who doesn't discuss the business with their wife are unlikely to become engaged.

It may help get fathers to engage interested daughters more but again if it didn't happen before an extra bit on a TAMS grant is unlikely to do it.

But they wouldn't have the "years elegigibility"..

I think it’s a good thing tbh. what’s the harm in promoting women in farming.

60 percent is a great grant. I don’t think it will “attract” any additional female farmers other than “brass plate” ones. Everyone qualifies for 40 percent. The jump to 60 ain’t gonna get them to quit their jobs and start milking cows.

Off topic but if you were applying for a Tams grant on a piece of machinery how do you go about it.

Example being a mower or dingy spreader (allowable under organics).

Do you need to price it first and have a quotation or what?

Does the seller have to be on an official list?

When I click onto Tams on agfood online it wont allow me start an application for any of the tams. Have you to ring them for activation first?

Ah. Kinda thought to was always open as such.

So for the application i need to have decided the size of the mower. Makes sense I suppose so they can budget.

For equipment is there any documents that need to be uploaded as part of application do you know that need to be organised?

Sounds simple enough! Thanks.

So for a mower the reference cost per meter is circa 2.5k. Does that mean that “they” expect a 3m mower to cost 7.5k ? and then will pay 60 percent of that cost?

What if the mower is more than 7.5k? When you apply you don’t say that is it and just claim for the reference cost allowed?

I am guessing if your actual proposed is lower than reference they look on it more favourable?

if final cost ends up being higher is there any issue with a claim?

Great thanks. That’s 60 percent grant prob more like 45 percent unless some “cheap” make is selected I would be guessing. But still a good grant.

So it’s 60 percent of the ex vat price on the mower also? Even though I can’t claim back the vat?

Thats not great.

Yep its ex vat. That's the way it was with LESS for the tankers and dribble bars. If you were vat registered you could claim it back. It's not a fixture or fitting, I can't be bolted down when I'm use

Personal experience of it from LESS and was aware before applying, Don't forget you will have Cap ex on the amount Inc vat minus the grant for tax purposes so if in the higher rate, it will only cost approx 25% of the total cost when written down over the 8 years.

Always read the fine print before signing up. Just think of some of the ads you see daily with the size 4 font

Most folks have got used of claiming the vat back with tams, but the majority of the work was items that would stay on the farm should you seel up on the morning, it's fixtures and fittings.

Is that the correct way to write it off?

Two options I see both with advantages /disadvantages depending on the farm.

1) Like you say capitalise the cost of the mower minis the grant. This becomes difficult though if the grant is paid in a different tax year to the mower.

2) The grant is treated as an income, same as BpS on the year it’s received. Capitalise the full cost of the mower.

Which is correct. The second feels more correct.

My accountant always capex the amount minus the grant. Theory behind it is that the tams grant is a payment towards this capital expenditure thus reducing the value of it. He's with a national firm specialising in farm a/c.

Unsure of what way it would work if it was building work spread from one year to the next. On simple straight forward investments like a piece of equipment,( auto scraper, calf feeder mower, scales calving gate etc) you should have your payment on average 4-6 weeks after claim is submitted. I just looked back and last year on a LESS investment it was 12 days from claim to payment issue

Some else maybe better to explain the pros and cons of each

You’d be 1 Year farming. It’s since you received/were added to the herd number