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Throughout the years there have been many so called “safe investments”. However, forestry seems to have been overlooked by many until now.

Throughout the years there have been many so called “safe investments”. However, forestry seems to have been overlooked by many until now.

It was encouraging to hear the Minister for Finance announce in his recent Budget speech an increase in the tax free threshold on gifts or inheritances from parents to children. The threshold now stands at €280,000 (increase of €55,000) with effect from 14 October 2015.

In his budget day speech, Minister Michael Noonan recognised the significant role played by the farming and agri-food sector in Ireland’s economic recovery. This important sector employs approximately 169,000 people across the country and its produce is one of Ireland’s top 10 exported commodities.