Revenue eBrief No. 306/24
09 December 2024
Accelerated Capital Allowances for Farm Safety Equipment
Tax and Duty Manual Part 09-02-07 - which deals with accelerated Capital Allowances for Farm Safety Equipment under section 285D TCA 1997Accelerated Capital Allowances for Farm Safety Equipment [Section 285D TCA 1997], has been updated to reflect amendments in Finance Act 2024.
The list of items qualifying for accelerated capital allowances for Farm Safety Equipment has been expanded to include certain equipment that qualifies for TAMS (Targeted Agricultural Modernisation Scheme) grants including calving gates, livestock monitors, floodlights for farmyards and slider/roller doors for agricultural buildings.