Dairy Chitchat 4, an udder new thread.

was €85 plus vat in 2021 when I was doing my shed here. Was €125 a few weeks ago for few meters.

Are ye talking about this new grant that was announced today, or TAMS in general for storage?

Would be the new grant announced.

OK. Bit of a misunderstanding I'd say as to who's eligible

Very hard to qualify here if you're trying to maximise land and LUs

https://www.gov.ie/en/press-release/16d12-minister-mcconalogue-announces-nutrient-importation-storage-scheme-under-tams-3/

you’ve hit the nail on the head there re compliance and then as alps has outlined concerns over me Sweetman

You are totally incorrect. Even if you cannot write down all the capital investment with the grant you are a long way ahead. In general take my planned total investment over the next 2-3 years.

The shed and tank will probably be in the 100k bracket. I have got approved this year for fencing, mobile cattle penning head scoop and leghoist as well as a tine Harrow and air seeder. I also got a solar pump and a solar electric fence.

Heading towards. 130k+vat. Penning, house and head scoop are the only things no vat back on.

If if the grant on the tank is 60% total investment after drawing grant will be 52k. If the grant was 40% total investment net is 78k. If not grant and you shave a bit off it are you looking at 115k.

After depreciation the respective costs are 26, 39 and 57.5k.. As @alps and @mahoney_j have pointed out most lads doing outside of grant work have issues with planning around yard with non compliant work around yard.

30k is serious money to let behind you. However it coukd be more. Investment in tanks is rapid depreciation. And 100+k requires 12.5k/ year at high tax bracket if you have other depreciation already you could be looking at having 20k+ in avaliable depreciation. You may have other uses of available high tax funds.

As for these lads with the high tax bill if they did not get it for the tax they would have a loan for the non grant aided shed same sh!t just a different day.

Planning is everything and watching funds and cash flow are key. But not having a tax bill because of depreciation is poor financial planning. Usually the reason the tax bill is unmanagable is because when the money was flowing in the year before they did not put funds aside for the following years tax liability

You may say that however lack of planning will remain a flaw on title. It doesn't exclude you from building regulations (specifications) and will come to light in any future applications be they for permission or subsequent grant application. Drawing in a risk period of 7 years following each manoeuvre of your business may not be the best management style.

we’re just going to have to disagree on this Bass. We’re in high tax bracket here and my slatted tank from 2018 is nearing its end in depreciation. Farm income is an awful lot higher than then and will be going forward. This will give at least 2 years with low tax bill to decide if we’re going have to go a company route or not. My business can afford the full cost with out the grant and that’s what we’re doing. I could have applied for the grant if I wanted but after seeing the **** show a local guy had this spring because he got held up with grant for a year I decided not to bother. I haven’t the time to go drawing slurry to a leased yard in late December, this spring I ended up drawing slurry to it in Feb which was a complete pain and I need the feed space. It’s not just being built for the sake of it

PTO generator all the way

Is not the beauty of engine driven that it's a compact stand alone unit that you can wire up an automatic change over system that the power is only off for milliseconds?

The downsize of tractor being there could be something else on tractor when tractor is needed.

I'm saying this myself as I already have a 40kv pto generator but not wrapping taken off it yet. And I was thinking of trading back in for an engine driven one.