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Tax allowance scheme unveiled for farm safety equipment

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Tax allowance scheme unveiled for farm safety equipment

The Irish Farmers Journal this week reported that a new scheme has been launched that allows farm operators to offset the cost of farm safety equipment against their tax bill.  According to the publication allowable expenses include Chemical Storage cabinets, anti crush equipment and the cost of modifications to allow for persons of restricted mobility participate safely in farm work.

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A link to the IFJ article is below

€5m farm safety scheme to open this week

Eligible equipment in the scheme includes chemical storage cabinets and anti-backing gates.

https://www.farmersjournal.ie/5m-farm-safety-scheme-to-open-this-week-652650

For a link to the DAFM announcement click here: https://www.gov.ie/en/press-release/9ba24-minister-heydon-launches-acceleration-of-wear-and-tear-allowances-for-farm-safety-equipment-scheme/#

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