14/04/2026
Fair Deal Scheme Agricultural Assets: Key Issues for Irish Farmers.
Introduction
The Fair Deal Scheme can significantly impact agricultural assets and farm succession planning in Ireland.
The Fair Deal Scheme agricultural assets framework continues to present practical and legal challenges for farming families in Ireland. While the structure of the Nursing Homes Support Scheme is well established, its interaction with farmland and succession planning remains complex in practice.
Overview of the Financial Assessment
Under the Fair Deal Scheme, contributions are calculated by reference to both income and assets.
The financial assessment under the Scheme operates as follows:
Income Contribution
80% of assessable income
40% in the case of a couple
Asset Contribution
7.5% per annum of asset value
This includes non-cash assets such as:
the principal private residence
farmland
investment property
A three-year cap applies to the principal residence.
The Fair Deal Scheme can have significant consequences for agricultural assets, farm succession and estate planning for Irish farming families.