Budget 2015: Mixed reaction to agri measures from farmers

The increase in the flat rate Vat refund to 5.2 per cent reflects higher input costs on farms.

12th October, 2014

‘The enhancement of measures to encourage land leasing and farm consolidation are positive, as is the extension of income averaging from three to five years. The increase in the flat rate Vat refund to 5.2 per cent reflects higher input costs on farms.

“The true test of the new rural development programme for farmers is the early start time and payment dates for farm schemes. By the end of this year, most farmers in vulnerable...

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