Dáil Éireann Debate, Tuesday - 9 April 2024
994. Deputy Claire Kerrane asked the Minister for Agriculture, Food and the Marine how many applications have been received to the succession planning advice grant; the number of payments made under tranche 1 of the scheme; the total amount paid to date; and if he will make a statement on the matter. [14692/24]
View answerSuccession Planning Advice Grant is a scheme specifically aimed at encouraging best practice in intergenerational land transfer in order to address, among other things, significant generational imbalances in farming.
The grant is to encourage and support farmers aged 60 years and above to seek succession planning advice by contributing up to 50% of vouched legal, accounting and advisory costs, subject to a maximum payment of €1,500.
81 applications were received in tranche 1 which had an opening date of 19th September 2023 and a closing date of 31st December 2023.
51 of these applications were deemed eligible and these have been processed and paid. The total amount paid under tranche 1 was €61,534. A second tranche opened 1st January 2024 and will remain open to 31 December 2024, with payments to issue in early 2025.
