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Premiums
Forestry has a major role to play in the high priority area of Rural Development. Significant financial incentives are provided to encourage afforestation and Climate Change mitigation. These are administered by Forest Service, Department of Agriculture, Food and the Marine, Johnstown Castle Estate, Wexford.

IMPORTANT NOTICE ):
Tax Clearance Certificates are required for all forest owners in receipt of annual forestry premium payments exceeding €10,000. Tax clearance certificates should be forwarded to the Forest Service, Johnstown Castle Estate, Co. Wexford.

Afforestation Premium rates (from 1 January 2015): (for new approvals)

Category (GPC)

Annual payment for 15 Years

 
€/ha
1 - Unenclosed
185
2 - Sitka Spruce/ Lodgepole Pine
440
3 - 10% Diverse Conifers
510
4 - Diverse Conifer
560
5 - Broadleaf
575
6 - Oak / Beech
615
7 - Beech
615
8 - Alder
575
9 - Native Woodland Establishment Scenario (1-3)

 

635
10 - Native Woodland Establishment Scenario (4)

 

635

Premiums are tax exempted (except where the beneficiary may be subject to the high income tax provisions). Premiums are subject to the Universal Social Charge and PRSI. See Income Levy.

Premium rates are designated in hectares and are rounded and there are, of course, terms and conditions. This summary involves simplifications - full details are available from Forest Service, WOODLAND or Teagasc.

 

Woodland can arrange your pre-planting approval.

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Phone:091-562016 Email: info@woodland.ie

 

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