Kerry Co-op Share Redemption Offer

shej

Frequent Poster
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41
Hi
My father has received a share redemption offer from Kerry Co-Op. Judging by the details of the scheme, I believe he is entitled to c. €12,000.
He has some queries, does he have to take up the offer?
His income consists of the old age pension (80 yrs old), and the income from his 50 acre suckler farm (including EU payments, farm breaks even) and while the payments would have a tax liability he is concerned woudl his medical card be effected?
 
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