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Farm Business
Agricultural Matters
New SFI Capital grants on used machinery etc
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<blockquote data-quote="Grass And Grain" data-source="post: 7720471" data-attributes="member: 23184"><p>As [USER=6]@Clive[/USER] said in the video, someone may have already purchased autosteer, direct drill etc. Neighbouring farmer might get grant for both.</p><p></p><p>Also, only a short list of eligible machinery. Veg grower might want a plough press, to make ploughing operation more efficient - not on the list of allowable items.</p><p></p><p>Better and fairer to have same capital expenditure grant available to each farm? E.g. we all get up to £4k each, only to be spent on capital items. Invoices to be provided, could be either new or second hand. Grant could still be set at 40%. Need to spend minimum £10k to get your £4k grant, keeping money and income tax flowing.</p><p></p><p>Not sure how you stop everyone using it to subsidise a new pickup!</p><p></p><p>I think DEFRA need to stop thinking they know what we want/need. Let the individual businesses decide themselves what they want, and make it fair by offering same amount to everyone. </p><p></p><p>Current system doesn't work for most, but works very generously for the few, whilst lining the pockets of machinery manufacturers and distorting second hand values. It's a lottery, and can be vastly improved. A large grant used by one farm can make him more efficient, and makes the neighbour who didn't receive any grant less competitive.</p><p></p><p>Needs to be fairer, accessible to everyone equally.</p></blockquote><p></p>
[QUOTE="Grass And Grain, post: 7720471, member: 23184"] As [USER=6]@Clive[/USER] said in the video, someone may have already purchased autosteer, direct drill etc. Neighbouring farmer might get grant for both. Also, only a short list of eligible machinery. Veg grower might want a plough press, to make ploughing operation more efficient - not on the list of allowable items. Better and fairer to have same capital expenditure grant available to each farm? E.g. we all get up to £4k each, only to be spent on capital items. Invoices to be provided, could be either new or second hand. Grant could still be set at 40%. Need to spend minimum £10k to get your £4k grant, keeping money and income tax flowing. Not sure how you stop everyone using it to subsidise a new pickup! I think DEFRA need to stop thinking they know what we want/need. Let the individual businesses decide themselves what they want, and make it fair by offering same amount to everyone. Current system doesn't work for most, but works very generously for the few, whilst lining the pockets of machinery manufacturers and distorting second hand values. It's a lottery, and can be vastly improved. A large grant used by one farm can make him more efficient, and makes the neighbour who didn't receive any grant less competitive. Needs to be fairer, accessible to everyone equally. [/QUOTE]
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New SFI Capital grants on used machinery etc
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