Farm Accountants in Kerry
Farm accounts, tax returns and succession planning for Kerry farmers, from a chartered accountant who grew up in Castlemaine.
A chartered accountant who knows Kerry farming
Fuchsia Bell is based at Lassaboy, Boolteens, on the Castlemaine side of Tralee, in the middle of Kerry farming country. We help dairy, beef, sheep and mixed farms across Co. Kerry.
Farm tax has its own rules. Stock relief, income averaging, flat-rate VAT and farm partnerships can save thousands, but only if they are set up and claimed correctly. We handle the paperwork so you can stay on the land.
Farm accounting services
Farm accounts
Annual accounts that show your real profit, including grants, stock changes and machinery.
Form 11 tax returns
Filed on ROS before the deadline, with every farm relief claimed.
VAT
Flat-rate farmer status or VAT registration if it suits you better, plus VAT3 returns.
Payroll
For farm workers and seasonal help, including My Future Fund where it applies.
Succession planning
Passing the farm on with retirement relief, agricultural relief and the right timing.
Grants and capital spend
Capital allowances on sheds, machinery and safety equipment.
Farm tax reliefs we check for you
| Relief | What it does |
|---|---|
| Stock relief | Reduces taxable profit by 25% of any increase in stock value. Higher rates apply to young trained farmers and registered farm partnerships. |
| Income averaging | Spreads farm profit over 5 years, so one good year does not push you into the 40% band. |
| Capital allowances on farm buildings | Write off the cost of sheds, yards and fencing over 7 years. |
| Farm safety equipment | Accelerated allowances on qualifying safety equipment, extended to 31 December 2029 in Budget 2027. |
| Succession Farm Partnership credit | Rises from €5,000 to €10,000 a year in Budget 2027, and the three-year holding period is removed. |
| Agricultural relief (CAT) | Cuts the taxable value of farm land and buildings by 90% when a qualifying farmer inherits or is gifted them. |
| Retirement relief (CGT) | Can remove CGT when you pass the farm to a child or sell it, within age-based limits. See our retirement relief guide. |
Not sure your farm is claiming everything?
Book a free 30-minute farm tax check. We look at your last return and tell you what can be done better.
Book a farm tax checkBudget 2027 changes for farmers
- The flat-rate addition for farmers who are not VAT registered rises from 4.5% to 4.8%.
- The Succession Farm Partnership tax credit doubles to €10,000.
- Farm safety equipment capital allowances are extended to the end of 2029.
- The 20% income tax band rises to €46,500 for a single person in 2027.
Why Kerry farmers choose Fuchsia Bell
Local
We are in Castlemaine, not a call centre in another county. You can call in or do everything online.
Chartered
Ger O’Connor is a Fellow Chartered Accountant with 25 years of experience.
Frequently asked questions
Do farmers have to register for VAT?
Most farmers do not have to. As flat-rate farmers they charge a flat-rate addition, 4.8% under Budget 2027, to VAT-registered customers. Some farms are better off registering, for example after big capital spend. We work out which suits you.
What is stock relief?
It reduces your taxable farm profit by 25% of the increase in the value of your stock in the year. Young trained farmers and registered farm partnerships can claim more.
How can I pass on the farm without a big tax bill?
Retirement relief, agricultural relief and the right timing can reduce CGT, CAT and stamp duty, often to nil. Planning should start years before the transfer.
Do you work with farmers outside Kerry?
Yes. We can help farmers across Munster and beyond, fully online if needed.
Talk to a Kerry Farm Accountant
Book a free 30-minute farm tax check, in person near Castlemaine or online.
