asked the Minister for Agriculture and Food his views on whether one set of accounts should be sufficient for income tax purposes and qualification for farm improvement grants; and if he will make a statement on the matter.
Written Answers. - Farm Accounts.
19.
In accordance with EC rules each participant in the Farm Improvement Programme (FIP) is required to present for each year of his plan simple accounts of a management nature including a balance sheet, revenue and expenditure of the farm, particulars of land owned or leased, crops grown, livestock owned and milk quota held. Provided whatever accounts a farmer presents to the Revenue Commissioners for tax purposes include the information listed they are acceptable for FIP purposes.