Charge to tax

All farming is treated as a single trade. This includes having more than one farm or farming as a sole trader and also in partnership. You must combine the profits of all your farming activities to determine your taxable farming profits for that year. 

The profits of the farming trade will be charged to tax under trading income (Case I of Schedule D).

National Co-op Farm Relief Service (FRS) operators

The applicable Pay Related Social Insurance (PRSI) class of FRS operators (who provide labour only) depends on the nature of the engagement.

The Code of Practice on Determining Employment Status, published by the Department of Social Protection provides guidance in this regard.

Next: Income averaging