Taking Stock: Financial Planning for Farmers

πŸ“’ Taking Stock: Financial Planning for Farmers πŸ’°πŸšœ
The Taking Stock campaign is running throughout March across Mayo, Galway, and Roscommon, helping farmers focus on their health, finances, and future. This week, we’re highlighting the importance of financial planning to ensure long-term stability in an unpredictable sector.
βœ… Key Areas to Consider:
πŸ’‘ Tax Reliefs & Supports – Maximise benefits like Earned Income Tax Credit & Agricultural Relief.
🌾 Diversification – Explore new income streams like agri-tourism, renewable energy, or value-added products.
πŸ“‰ Debt Management – Smart borrowing and investment planning can safeguard your farm’s financial future.
🏑 Retirement & Succession – Planning ahead ensures smooth farm transition and long-term security.
πŸ“‘ Government Supports – Schemes like BPS, TAMS, and Farm Assist can provide financial assistance.
πŸ“» Hear more expert insights each week during March on local radio and in newspapers across Mayo, Galway, and Roscommon as part of the Taking Stock campaign.
πŸ“– Learn more about financial supports for farmers:Β http://www.citizensinformationboard.ie/
πŸ”„ Take stock of your financial future today!