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Farmers can save on tax if they see an increase in the value of their livestock over an accounting period.
154ac farm makes €500,000 over guide price
Maggie Molloy at Women & Ag: 'What's meant for you will come easily'
Big Cork dairy farm linked with solar move
Over 1,500 farmers to face nitrates penalties
Beef Trends: factories move to Christmas mode
Only flat-rate farmers who have incurred VAT in relation to certain types of expenditure are eligible to reclaim VAT.
The IFA is scathing of Revenue's updated list of items which are no longer eligible for VAT reclaim.