Good news for farmers with the announcement of the Succession Planning Advice Grant which is designed to encourage farmers aged 60 years and above to seek succession planning advice.

It is essential for every farmer to have a farm succession plan in place.  There are complex legal and taxation rules that, if planned for, can be managed easily.

This grant will assist farmers with the costs of legal and taxation succession planning advice by contributing up to 50% of vouched legal and taxation advisory costs, subject to a maximum of €1,500.

Grant criteria:

• Applications open September 19, 2023
• Get up to 50% funding for legal, accounting, and advisory costs, maximum €1,500.
• Eligibility: 60 years or over , farming 3 hectares or over for 2+ years
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For any more advice on the above please contact darena@tra-professional.ie or 01 -524 2693