Agriculture

Irish agriculture is currently facing a unique blend of opportunities and challenges. Rising population levels have led to increased demands on foodstuffs and consequently to higher commodity prices. In addition, banks are showing an increased appetite to lend to the agricultural sector for capital projects and the government has identified agriculture as playing an integral role in the national recovery plan. However, challenges are also emerging, primarily in the form of higher taxes and levies due to austerity measures. 

The agriculture sector needs advisors with the expertise to help farmers maximise the current opportunities and overcome the current challenges. At Moore Stephens, with over 40 years of experience in the agricultural sector, we feel we have this expertise.  We have a team of professionals in our agricultural group who work exclusively with farming clients. We also have members in our agricultural team who are chartered accountants and who hold Teagasc FETAC accreditations in farming. This gives our clients assurance that we have an unrivalled depth of knowledge of agricultural matters.
 
Our services to the agricultural sector can be split between compliance services and non compliance services.
 
Compliance Services
We provide the following compliance services to the agricultural sector:

•    Annual accounts preparation 
•    Audit services 
•    Tax return preparation 
•    VAT returns/ Unregistered VAT reclaims 
•    Payroll returns 
•    Grant applications  

Non Compliance Services 
Non compliance services vary significantly in nature and scale depending on each individual case. Examples of the non compliance services we offer are:

•    Incorporation  
•    Succession planning 
•    Budgeting and forecasting  
•    Expansion