Accounting & Bookkeeping

Farmers never stand still 

You know you need to plan for the future, but your days are busy and getting tomorrow on the to-do list can be challenging. Remember you can lean on us for advice. We’ll help you understand your challenges and identify opportunities that might otherwise be missed. A well-planned future doesn’t just secure your farm’s success, it brings peace of mind, knowing you’re making the right choices for your business and your family.

While grants and schemes can provide valuable financial support, securing funding isn’t just about applying, it’s about ensuring your business structure is aligned to meet the necessary requirements. Whether you’re considering investment in new equipment, expanding your farm, or improving sustainability practices, we help ensure that your farm is structured correctly to maximise opportunities while avoiding unexpected tax liabilities or compliance issues. With our expert guidance, you can move forward with confidence, knowing your farm is built on a strong financial foundation.

Philip O'Connor, Head of Farm Support

Creating a plan for growth 

No two farms are the same and therefore no two plans should be either. Your plan should be based on your own circumstances, and it should play to your own unique strengths while taking advantage of opportunities you might not have even realised were there. Together, we can assess your business structure in the context of industry trends, regulations, and your long-term goals to ensure you’re set up for sustainable growth.

A well-structured farm business isn’t just about maximising efficiency today, it’s about ensuring resilience for the future. Whether you’re expanding operations, transitioning to a new structure, or planning for generational succession, having the right financial and legal framework in place is essential. We help you identify the best approach to structuring your business, ensuring that it aligns with your ambitions while optimising tax efficiency, financial stability, and access to available supports.

Ensuring the right structure for grants & schemes

EU and Government grants and schemes can provide valuable financial support for farm development and expansion. However, accessing these funds isn’t just about making an application—it’s about ensuring your business structure is aligned to meet the necessary requirements. At ifac, we don’t advise on grant applications, but we work closely with farmers and their Agri Advisors to ensure that their business structure is correctly set up to avail of funding opportunities without unexpected tax liabilities or financial complications.

Whether you’re applying for the Basic Income Support for Sustainability Scheme (BISS), the Targeted Agricultural Modernisation Scheme (TAMS), or other available supports, we make sure that your business structure is compliant, efficient, and optimised to support your long-term financial goals. By ensuring your farm is structured correctly, we help protect your entitlements and avoid unnecessary pitfalls, allowing you to move forward with confidence.

For a full list of available grants and schemes, visit the Department of Agriculture, Food and the Marine’s website. This resource provides up-to-date information on current funding opportunities, eligibility criteria, and application processes.

Setting your farm up for success

Optimised business structure


Ensure your farm is structured correctly to support growth and financial stability

Tax assurance


Avoid unexpected tax liabilities when accessing funding opportunities.

Support & collaboration


Work closely with our team and your Agri Advisor to streamline decision-making and secure your farm’s future.

Download our Structures Guide

Find the structure best suited to you and your business with our handy guide covering Sole Traders, Partnerships, and Limited Companies.

Philip O'Connor

Talk to Philip O'Connor

Head of Farm Support052 7441772farmsupport@ifac.ieLinkedin

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