Macra na Feirme and IFAC Partner for Young Farmers Development Groups in Ireland and Europe

Macra na Feirme has announced a new partnership with IFAC Accountants with the intention of delivering more expertise and advice to Ireland’s young farmers. IFAC Accountants will be Macra’s ‘partner for young farmers development groups in Ireland and Europe’. Expertise across a range of areas including financial management, taxation, business planning and budgeting will be made available to young farmers throughout Ireland in 2010 through a series of young farmer meetings.

The partnership will also facilitate and coincide with Macra joining CEJA, the European Council of Young Farmers. This is seen as an important step for Macra as the debate upon the future of Europe’s Common Agricultural Policy post 2013 gets underway. Furthermore, many developments that will affect the future of Irish agriculture emanate from Brussels; therefore Macra has decided to increase its level of participation on the European stage.

Speaking at the launch, Macra’s national president Michael Gowing said that this was a significant step for the organisation as it provided access for young farmers to a tremendous body of expertise from IFAC Accountants coupled with providing much greater access to the institutions of the European Union through membership of CEJA.

IFAC Accountantss CEO/Chairman Willie Fahey said ‘Macra Na Feirme is a founder member of IFAC Accountants and our strategy is to increase awareness of the differentiated and unique taxation, accounting and financial management service we provide to farmers and rural businesses. A voice in Europe is important for the future of Irish Farming and we are proud to become Macra’s partner for young farmer development groups in Ireland and Europe’.

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IFAC Accountants’ CEO Willie Fahey

Fees reduced by 5%

IFAC Accountants (Irish Farm Accounts Co-operative Society Limited) is owned by farmers with a board of farmer directors and in recognition of the difficult trading conditions that farmers are experiencing the board has reduced fees by 5% on invoices raised after January 1^st 2010 .


Joe Hickey National Taxation Manager	Declan Mc Evoy Senior Tax Consultant

Value For Money Accounts & Taxation Service

IFAC staff are trained and developed to become specialists in providing farmers with an accountancy and taxation service. By specialising in farmer taxation, IFAC has developed an expertise in farm tax which other accountants with a more mixed bag of clients find difficult to match and because of its size, can provide specialist national back-up service which smaller accountancy practices do not have.

Input Into Legislation Changes

Over the years, IFAC has worked closely with Macra and the IFA in order to have legislation changed and to secure reliefs which are individual to farmers e.g. Farm Buildings Pollution Control Allowance, Capital Gains Tax Retirement Relief etc.

Other Services

VAT and payroll through our national team of book-keepers (Recorders) and staff in 22 offices. On-line management reports including Profit Monitor input data.

Financial Management/Bench-Marking

Over the years, the most progressive farmers have been more ready to ask for and to accept help from their advisory services. The quality and cost of the advice they get is governed greatly by the availability of information. IFAC Accountants provides this information at no extra charge in a financial management report which includes bench marking i.e. comparing your results against those farmers with a similar enterprise mix.

Recession and Poor Commodity Price

Now more than ever, specialist financial and taxation advice is critical to the success of your business. IFAC Accountants is available locally to you through our 22 branch office network.

Macra na Feirme & IFAC Partner for Young Farmers Development Groups in Ireland & Europe