By Kenneth Johnston,
Industry Training Manager, Greenmount Campus, CAFRE
FARM Family Key Skills (FFKS) is an initiative being managed by CAFRE and is a key element of the Rural Development Programme 2014-2020.
The Business Planning theme of Farm Family Key Skills addresses the needs of farmers, farm family members and farm employees to increase their levels of knowledge and awareness in business planning and risk management.
A Making Tax Digital seminar focusing on areas impacting on farm businesses has been organised by CAFRE in partnership with Rural Support to be delivered in the Corrick House Hotel, Clogher, on Tuesday, February 12, and Strangford Arms Hotel, Newtownards, on Wednesday, February 13.
The seminars are delivered by speakers from Rural Support and qualified accountants from accountancy firm PKF/FPM and topics covered include an overview and awareness of the new HMRC ‘Making Tax Digital’ system – including issues surrounding the submission of records, choice of appropriate software and the cost implications for the farm business.
Lisbellaw farmer Patrick Fee commented: “It is always important to plan ahead in any business, both in the short term and also longer term and I would encourage farmers, farm family members and farm employees to attend one of these seminars where they will get a chance to hear from industry professionals on issues related to taxation.”
Twenty two seminars are being delivered in local venues across Northern Ireland, having started in November and running to the end of February. Doors open at 7.30pm and seminars begin at 8pm.
To date well over 1,800 people have attended these seminars and the feedback has been very positive. Tom Moorhead from Broughshane, who attended the seminar at Loughgiel, said: “It was great to be updated on this important issue from an excellent speaker who obviously had a very good understanding of the issues facing farmers.”
The seminars are free to farmers, members of the farm family and employees. Grandparents, uncles, aunts, brothers and sisters within farm families would all benefit from attending a seminar.
Attendees do not need to pre-register and should bring details of their Farm Business ID with them to register on the night.