GRANT AND PREMIUM RATES
There are grants available for the afforestation of agricultural land that is suitable for commercial forestry, subject to environmental considerations and proof of ownership. Up to 100% grants are available. If you are thinking of planting please contact us immediately! There are detailed conditions and written Forest Service approval must be obtained before undertaking afforestation. After planting, a detailed application including details of some costs is required to enable grant and premium payment. Grants can cover up to 100% of costs subject to the maximum rates. The Second Instalment Grant is normally payable four years after planting. Definitions of each category as well as detailed technical specifications and requirements are available upon request from WOODLAND.
AFFORESTATION AND FENCING GRANT RATES
Afforestation grants cover the costs of establishing a plantation including ground cultivation, plants, planting, fencing, and 4 years of maintenance. The grants for this scheme are payable in 2 installments. The 1st installment grant is cost-based and is equivalent to 75% of the total grant and is payable on completion of the project. The 2nd installment, equivalent to 25% of the grant is payable 4 years after completion subject to the satisfactory maintenance of the plantation.
Landowners that enter the scheme can qualify for an annual income tax-free premium payable for 15 years. The landowner or applicant remains the full owner of the land and the timber. The Basic payment scheme is payable on planted land, see section “Basic payment scheme”