The Young Farmers’ Clubs of Ulster (YFCU) recently provided an information evening working in conjunction with the Department of Agriculture and Rural Development (DARD) to provide information and support on the Young Farmers’ Scheme.
The evening’s proceedings offered an expert panel of representatives who provided details on what the scheme entails and what is required to be eligible, including accountant William Henry, partner in Moore Stephens, Kate Ervine, solicitor, John P Hagan Solicitors, DARD representatives, Sharon Flynn, head of EU Area Based Schemes Reform Branch and John Lynn, Countryside Management Delivery.
“Younger farmers should broach the subject with their family now and then depending on the agreement seek advice from your accountant and/or solicitor.”YFCU president Martyn Blair
After an informative presentation from members on the panel on the subject of succession and the accompanying top up legislation, there was a question and answer session which saw the crowded hall of all ages at CAFRE, Loughry Campus, pose innovative questions in relation to the Young Farmers’ Scheme.
Martyn Blair, YFCU president, said: “The event drew a considerable crowd from across the province and it was extremely encouraging to see many cases of two generations of farm families coming together.
“The top up process within the CAP reform is complex and requires significant documents of proof but for those seriously committed to a long term future in the industry, the documents required should be achievable and relatively manageable within the remaining timeframe.”
Mr Blair also stressed the importance of young farmers discussing the scheme with their families.
He said: “From the panel of experts present on the night the principal advice is that time is of the essence.
“Younger farmers should broach the subject with their family now and then depending on the agreement seek advice from your accountant and/or solicitor.
“The process is considerable but all details are well summarised in DARD’s online resources.
“We hope that the evening did answer many questions and concerns for those in attendance and the YFCU have helped to facilitate many succession discussions as a result.”
To check your eligibility for the Young Farmers’ Scheme you can visit the DARD website, under the heading, ‘Young Farmers’ Payment’.