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IFAC acquires O Sullivan Malone Accountants

Carrick-on-Suir based accountants O’Sullivan Malone Accountants has been bought by IFAC for an undisclosed figure.

Ifac Purchase O Sullivan Malone Accountants Of Carrick-on-Suir - Tipperary Mid West Radio

Ifac Purchase O Sullivan Malone Accountants Of Carrick-on-Suir - Tipperary Mid West Radio
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Martin O Sullivan: Clarity around entitlements needs to be the top priority for landowners signing new leases

As is usual at this time of year there is a cohort of landowners who are about to sign up to a lease of land and entitlements. However, this year is different in that landowners have no idea of what the future holds in regard to the fate of their entitlements. Recent headlines about so-called ‘armchair farmers’ are not helping matters and, in fact, are adding to the stress levels of many intending lessors that I have spoken to recently. The impending replacement of the Basic Payment Scheme (BPS) with a new scheme to be known as the Basic Income Support for Sustainability (BISS) has many landowners who intended to lease land and entitlements in 2021 in a bit of a quandary.

Facts and Figures: The true costs involved in setting up a dairy farm

Curiously that article prompted a number of queries, not so much about expansion, but rather about establishment. Given that milk price is on the rise it is not to be unexpected that the green shoots of new start-ups would soon start to appear. It is worth noting that between 1975 and 1984, milk production in Ireland grew at an average of 5.99pc per year but unfortunately that came to a shuddering halt with the introduction of European milk quotas in 1984. Now that quotas are no more we may be back to those heady days. It is an undisputed fact that dairying, apart from the exceptional very large beef or tillage units, is the only mainstream farm enterprise that can possibly support a viable business model that offers the farmer a comfortable living from full time farming.

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