Ifac advises Offaly farm businesses that trade through a limited company to examine their options for succession
When one thinks of succession, one is looking at transferring over the business to the next generation. A complication to succession is the emergence of the farming company and the issues it brings up. No different from any succession conversation, the aim is to keep the asset and the business as intact as possible and to […]
Successors of Offaly farm businesses could face costly legal and tax issues
Ifac advises Offaly farm families on how to avoid nasty tax surprises The professional services firm for the farming, food and agribusiness sector, ifac (www.ifac.ie), is advising Offaly farm families to start succession planning – not only to protect the future wellbeing of their families but also to deliver financial benefits for their successor, prevent family disputes, and avoid unexpected […]
