Course Details

The agricultural sector continues to face significant challenges, including fluctuating commodity prices, weather-related impacts on profitability, increasing compliance requirements and ongoing changes in tax legislation. Many farmers who experienced strong profits in 2025 may find themselves facing a significantly different position in 2026, making proactive tax planning more important than ever.


This session provides a practical review of the key tax issues affecting farmers, farm partnerships and agricultural businesses as they approach year-end 2026. Particular attention will be given to managing reduced profitability, reviewing averaging elections, maximising available reliefs and deductions, and preparing for recent and upcoming Budget changes. The session also examines current Revenue positions and significant tax appeal decisions affecting farmers.


Delegates will leave with practical planning ideas that can be applied immediately to assist clients before the end of the tax year and when preparing 2026 tax returns in 2027.


Declan McEvoy covers the following topics during this course:



  • 2026 Farm Income Review - comparing 2026 profitability with 2025 and identifying practical tax planning opportunities where profits have reduced.
  • Income Tax Planning and Reliefs - averaging elections, opting out of averaging, stock relief, carbon tax deductions and other frequently overlooked deductions.
  • Budget 2026 and Looking Ahead to Budget 2027 - key changes affecting farm clients, including income tax, VAT, capital taxes and succession planning.
  • VAT for Farmers - review of recent tax appeal decisions involving VAT refund claims, comparison with Revenue guidance and a practical summary of what expenditure does and does not qualify.
  • Capital Taxes Update - Agricultural Relief, Business Relief, CGT retirement relief, age-related restrictions, clawback risks and current stamp duty considerations under Farm Tax Planning.


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CPD Course Speaker

Chartered Tax Advisor

Declan McEvoy

An AITI Chartered Tax Adviser (CTA) and Member of STEP-society of trust and estate practitioners, Declan McEvoy is Head of Tax for IFAC. Declan has extensive experience and expertise in personal and corporate tax planning, estate and succession planning, tax-based investment and financial structuring for family and farm businesses. A leading authority on farm taxation, Declan was co-author of ‘Farming in a Limited Company – is it right for you?’ Declan is also an Irish Tax Institute Registered Tax Consultant and frequently speaks at national seminars and client workshops for professional bodies, farm organisations, banks, farm groups.