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TIMBERLAND FORESTRY

Forestry Consultancy and Management

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Forest Premium Rates

Farmers

Payments for 20 years (Tax free)

Forestry Premium Scheme 2007

€ /ha.

€ /acre

 

 

 

Conifers

 

Unenclosed

€ 241

€ 97

Sitka Spruce / Lodgepole Pine

< 6 ha (Under 14.8 acres)

€ 387

€ 156

>= 6 ha (14.8 acres or more)

€ 401

€ 162

>=12 ha (29.6 acres or more)

€ 416

€ 168

20% Diverse mix

< 6 ha (Under 14.8 acres)

€ 450

€ 182

>= 6 ha (14.8 acres or more)

€ 464

€ 188

<= 12 ha (29.6 acres or more)

€ 479

€ 194

Diverse

< 6 ha (Under 14.8 acres)

€ 479

€ 194

>= 6 ha (14.8 acres or more)

€ 493

€ 200

<= 12 ha (29.6 acres or more)

€ 508

€ 205

 

Broadleaves

Ash/Sycamore

< 6 ha (Under 14.8 acres)

€ 508

€ 205

>= 6 ha (14.8 acres or more)

€ 523

€ 211

<= 12 ha (29.6 acres or more)

€ 537

€ 217

Oak/Beech

< 6 ha (Under 14.8 acres)

€ 544

€ 220

>= 6 ha (14.8 acres or more)

€ 559

€ 226

<= 12 ha (29.6 acres or more)

€ 574

€ 232

Non-Farmers

Payments for 15 years (Tax free)

Forestry Premium Scheme 2007

€ /ha.

€ /acre

Conifers

€ 197

€ 80

Broadleaves

€ 212

€ 86

    Forestry Premiums rates have recently been increased.

    Forestry Farmer Premium payments are to continue to be payable for 20 years.

    Forestry Premiums are tax free.

    The first premium is paid at the same time as the afforestation grant.

    A "Farmer" is defined as:

An agricultural producer who owns, leases or is in joint management of at least 3 hectares of an agricultural holding, and shall include any person, group of persons or partnership, engaged in farming in the State.

Documentary evidence of farming income must be supplied.

at least 25% the applicants income must be from farming in the year of the forestry plantation's completion or in one of the three preceeding years.

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Dermot Houlihan B.Agr.Sc (Forestry)
TIMBERLAND FORESTRY
Forestry Consultancy and Management
27 Bushypark Lawn, Circular Road, Galway, Ireland

Phone/Fax: 091-527580 Mobile: 086-2687476
E-mail:Dermot@timber-land.com