Budget 2027 announcements. Implementation dates vary. · By K Imports
Budget 2027: Farming tax and fertiliser supports
4.8% flat-rate VAT, livestock vaccine VAT, farm safety allowances and succession partnerships.
Sources checked .
What was announced
- Flat-rate addition and vaccines
- The farmer's flat-rate addition is announced at 4.8% for 2027. It compensates qualifying non-VAT-registered farmers; it is not a general VAT rate. Non-oral livestock respiratory vaccine VAT is to reduce from 23% to 9%.
- Farm safety equipment
- Accelerated allowances extend to 31 December 2029 with twelve additional eligible items. The regime provides 50% per year for eligible equipment; it is not an immediate cash reimbursement.
- Succession partnerships
- The credit doubles from €5,000 to €10,000 for partnerships registered from 1 January 2027. The three-year holding requirement is removed for applications made from that date, not retrospectively for all earlier applications.
- Fertiliser support
- The Government overview allocates €31 million for a new Fertiliser Scheme to launch in 2026. Applicant amounts and conditions require the actual scheme terms.
Practical next steps
- Check VAT registration status and the specific product or supply.
- Confirm equipment eligibility before assuming accelerated allowances.
- Use the partnership registration and application dates to distinguish old and new treatment.