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Farming

  1. Overview
  2. What is farming?
  3. Charge to tax
  4. Income averaging
  5. Share farming

Overview

If you are carrying on a farming trade as an individual, you are liable to Income Tax on the profits of your business.

If you are carrying on a farming trade through a company, the company is liable to Corporation Tax (CT) on its farming profits.

Both Income Tax and CT customers are required to pay and file through the Revenue Online Service (ROS).  For further information, please see:

A number of Tax reliefs related to farming, are available to promote and support the farming industry.

Next: What is farming?

Published: 01 May 2024 Print this page

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