archive-ie.com » IE » I » ICMSA.IE

Total: 874

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • ICMSA Submission to the Inter-Departmental Group on Property Tax : I C M S A : http://icmsa.ie
    determination and uniform application and to take account of changes in the value of residential property at National or Regional level it may be appropriate to standardise the value as per base year and use an index in subsequent years to adjust the values Indeed this methodology was part of the Capital Gains Tax code when account was taken of increased valued due to inflation The standardisation of value based on a base year plus an annual adjustor is used in England for Residential Property Tax Modified or Adjusted Valuation for Farm Dwellings Arriving at the value of the dwelling on a farm or indeed dwellings account must be taken of the special nature of the farm dwelling Clearly the value of the farm dwelling is lower than the value of an identical property taken in isolation from the farm It is necessary to introduce a statutory apportionment and various approaches can be adopted Essentially a farm dwelling will have restricted value arising from access issues nuisance factors restricted services and planning restrictions The nuisance factors are considerable and would call for a substantial discount on the value of a farm dwelling Adjustment for Residential Property in Rural Areas In addition to the adjustments described in the immediate above paragraph a further adjustment is required for all dwellings in rural areas farm dwellings and non farm rural dwellings In the terms of reference the purpose of the Property Tax is to provide a stable funding base for the Local Authority sector and in addition the Group is tasked to insure the maximum degree of fairness between and across urban and rural areas Thus it is our firm view that a rebate on the Property Tax should apply to dwellings in rural areas which have a lower level of Local Authority or indeed public utility services Indeed the rebate could be graduated to take account of dwellings in cluster development in rural areas as distinct from individual or isolated farm dwellings For example rural areas do not benefit from public sewage connections or public lighting Phased Payment ICMSA favours phased payment but not necessarily a uniform phased payment on for example a monthly basis Account should be taken of cash flow pattern of business and in particular farming which has a marked seasonal pattern of flow with virtually all the positive cash flow occurring in the last two months of the year Local Authority Responsibility and National Parameters We believe that the appropriate balance of Local Authority responsibility and Central Government directions dictates that a Local Authority would be prohibited from fixing a rate of Property Tax above a level set by Central Government and that Central Government could fix a rate at a lower rate than set by a Local Authority for all or part of the area of the county having regard to the level and or quality of the service provided in all or part of the county area Annex Based on CSO Definitions Rural and Urban Areas

    Original URL path: http://icmsa.ie/2012/03/icmsa-submission-to-the-inter-departmental-group-on-property-tax/?upm_export=print (2016-01-06)
    Open archived version from archive


  • ICMSA call for early Fleximilk allocations to soften Superlevy blow : I C M S A : http://icmsa.ie
    have not seen a milk cheque since last Autumn with the consequent impact on cashflow We think it s essential that farmers get their fleximilk allocations as soon as possible to release whatever payments will be available For those farmers who will have to pay a superlevy fine it is essential that their processors and most importantly their banks work with these farmers in a co operative and positive fashion through the period affected by cash flow difficulties These farmers have perfectly viable businesses and assistance must be forthcoming to deal with the short term cash flow difficulties that will almost inevitably aris e from a superlevy fine In the context of the events of the last few years we have every right to demand that the banks approach this matter with as much sensitivity and common sense as is necessary Quite aside from that obligation it makes much more sense for the banks to remember the underlying commercial health of these farms and to do everything possible to assist the farmers concerned through the period where the fine will cause difficulties We need all parties to some foresight here and some degree of planning because while we realise that

    Original URL path: http://icmsa.ie/2012/03/icmsa-call-for-early-fleximilk-allocations-to-soften-superlevy-blow/?upm_export=print (2016-01-06)
    Open archived version from archive

  • ICMSA repeat 'quota bubble' warning : I C M S A : http://icmsa.ie
    increase in the price of quota in the last two exchanges has to be of concern to both individual farmers and to the sector generally with the average price at national level effectively doubling in twelve months The reality is that we have seen a dramatic and unjustified explosion in the cost of quota Regardless of the means of assessment and by any conceivable measure these price increases make no commercial sense stated the ICMSA Dairy Chairman Some Co ops have a case to answer here through their failure to set out in a comprehensive and credible fashion their complete plans post quota abolition in 2015 We have as well a raft of speculation and announcements on some aspects of their post 2015 policy made by some Co ops all allied to a steady stream of notices and warnings to milk suppliers regarding seasonality penalties and possible capital contributions schemes post April 2015 which are all contributing and in my view unnecessarily to this substantial inflation in milk price There is a bubble and ultimately it will be dairy farmers who will pay for it At a time when quota prices should be falling the opposite is the case We

    Original URL path: http://icmsa.ie/2012/03/icmsa-repeat-quota-bubble-warning/?upm_export=print (2016-01-06)
    Open archived version from archive

  • ICMSA say likey grant changes are 'a sop' to anti-farmer sentiment : I C M S A : http://icmsa.ie
    ineligible for Third Level grants not on the basis of their family incomes but on the basis of an arbitrary value attached to the assets or tools used to earn that income Mr Comer said that it was a fundamental principle of fairness that eligibility in these matters would be decided on the basis of income It was now becoming apparent that the Government and Minister Quinn were prepared to move past that principle and decide eligibility on the basis of a certain very specific and in this case very specifically anti farming context We are absolutely determined that this attempt to effectively disqualify a large number of the children of farming families from any possibility of receiving Third Level grants will be resisted to the utmost The Minister might like to pretend that that is neither the intention nor the likely effect but that is to deny the facts of the matter and the logical consequence of the move already announced Our submission to this Capital Assets Implementation group is that the value of farmland and associated farm buildings must not be included in any formula for assessment for grants eligibility It should not be included on the simple basis that the market value placed on farm land bears absolutely no relation to the income being earned off that land by the owning farm family The only fair and transparent means for assessing eligibility for Third Level grants is income Bringing the value of farm land into the mix is a deliberate move to discriminate against farm families in order to appease those who believe in what Minister Quinn himself is on record as describing as the urban myth of farmers sons and daughters being over represented in the numbers of students qualifying for grant assistance said Mr Comer

    Original URL path: http://icmsa.ie/2012/03/1400/?upm_export=print (2016-01-06)
    Open archived version from archive

  • ICMSA urges vigilance on Milk Contract details : I C M S A : http://icmsa.ie
    to ensure that any such contracts are structured to take account of the interests of farmers as well as the processor The EU has introduced this legislation to replace quotas However what we are seeing inIrelandis that although milk quotas will be abolished in 2015 some processors seem intent on replacing annual quotas with what will effectively be monthly quotas that will take little or no account of weather conditions

    Original URL path: http://icmsa.ie/2012/03/icmsa-urges-vigilance-on-milk-contract-details/?upm_export=print (2016-01-06)
    Open archived version from archive

  • Comer rejects Incorporated Law Society proposal to 'double-up' legal representation in family farm transfers : I C M S A : http://icmsa.ie
    to state baldly that whatever the Law Society might say this is actually about generating more lucrative business for solicitors at the expense of a fair system that worked perfectly well said Mr Comer ICMSA have already made both oral and written submissions to the Incorporated Law Society to the effect that we are opposed to a specific rule which would prohibit a solicitor from acting for both the transferor and transferee which in most cases would be from a parent to a son or daughter in relation to the transfer of family farm The current law permits the same solicitor to act for both parties in these transfers and I would have thought that if the Society is so worried about the situation around the transfer of properties from generation to generation then they can show that concern by fully training their members to be alert to situations where there is a potential conflict of interest and undue influence being exerted from one party on another That training would enable solicitors to advise all the members of family on the complexity of modern farming and farm derived income Instead we see them taking the much softer and much more lucrative for them option of saying that two solicitors should be involved It doesn t guarantee any greater safeguards but it does absolutely guarantee a doubling of the costs Mr Comer went on to explain that in addition to extra costs of about 4 000 there was also the matter of inconvenience where for example there was just one firm of solicitors in the local town In such cases the son or daughter would have to go to another town and engage with a new firm of solicitors who in turn would have to become completely familiar with the family

    Original URL path: http://icmsa.ie/2012/03/comer-rejects-incorporated-law-society-proposal-to-double-up-legal-representation-in-family-farm-transfers/?upm_export=print (2016-01-06)
    Open archived version from archive

  • South East Region Meeting : I C M S A : http://icmsa.ie
    meet next Thursday 8 March at 8 30PM in theSpringhillCourtHotelon theWaterford Roadin Kilkenny The meeting will be addressed by our President John Comer and by Liam Aylward MEP and will concentrate on CAP reform and EU dairy policy Shane O Loughlin of Wicklow ICMSA will chair the meeting and Chris Fox also of Wicklow ICMSA will act as secretary All queries should be directed to John Quigley Area Development Officer

    Original URL path: http://icmsa.ie/2012/03/south-east-region-meeting/?upm_export=print (2016-01-06)
    Open archived version from archive

  • Deputy President to participate in March 8 Clonmel public meeting on CAP reform : I C M S A : http://icmsa.ie
    on CAP reform Pat McCormack the Deputy President of ICMSA and Chairman of the Dairy Committee will participate in a public meeting on CAP reform due to tale place in The Minella Hotel in Clonmel on Thursday March 8 The meeting will be chaired by Tom Hayes TD and in addition to Pat the panel comprises Mairead McGuinness MEP and Eddie Downey Deputy President of IFA The meeting is due

    Original URL path: http://icmsa.ie/2012/02/deputy-president-to-participate-in-march-8-clonmel-public-meeting-on-cap-reform/?upm_export=print (2016-01-06)
    Open archived version from archive



  •