May 13, 2021 5:21 pm
Farmers will be eligible for a proposed new Fair Deal scheme once a successor is in place; has been involved in the farm for three of the previous five years; and agrees to continue to farm the land for six subsequent years.
The Cabinet recently approved the the publication of the Nursing Homes Support Scheme (Amendment) Bill 2021 for family farms and businesses.
This will see the financial contributions of family-owned and operated farms, towards the cost of nursing-home fees, capped at three years.
The current situation sees farming families charged 7.5% of the value of their farm annually, for an indefinite period while their family member is in the care of a nursing home.