Excellent turnouts for taxation and succession planning seminars

Date published: 30 November 2017

The meetings have been arranged jointly between CAFRE and Rural Support under the Farm Family Key Skills [FFKS] initiative which is partly funded by the EU under the NIRDP 2014-2020.

The seminars cover a range of business planning topics including tax issues, succession planning and business resilience and risk management.

The presentations are delivered by a range of speakers from Rural Support to qualified accountants and solicitors.

The take home message from the presentations included the need for financial budgeting and forecasting, the need to develop a succession plan and make a will and a range of tax and debt management tips.

The seminars have been very well received and have ended with a lively Q&A session which provided the opportunity for the speakers to highlight the key areas which farmers should address with their own accountant and solicitor, on a regular basis.

David Harris from Toomebridge, who attended the first seminar at Greenmount Campus said: “It was great to be updated on these important issues from a range of excellent speakers who obviously had a very good understanding of the issues facing farmers.”

The current series of seminars will continue with events planned for:

• Silver Birch Hotel, Omagh on: Tuesday 5 December 2017
• Seagoe Hotel, Portadown, on Wednesday 6 December 2017
• Magherabuoy House Hotel, Portrush on Thursday 7 December 2017

Each event gets under way at 8.00 pm with doors opening at 7.30 pm.

Further event dates will be released in the New Year.

The seminars are free to farmers, members of the farm family and employees. Grandparents, uncles, aunts, brothers and sisters within farm families would all benefit from attending a seminar.

For further information, telephone the programme delivery agent Rural Support on 028 8676 0040.