Aid for afforestation is in the form of afforestation grants and annual premiums to the applicant. Afforestation grants cover the costs of establishing and maintaining a plantation for the first four years, while premium payments are to compensate landowners for income foregone. Such afforestation grants and premiums are available to both national and international investors.

The afforestation grant covers the costs of establishing and maintaining the plantation until free growth is achieved, normally four years. We offer an initial tailored four year contract to existing and new clients for the establishment and maintenance of new plantations. The operations completed in this contract are detailed in table 1.

Table 1. Establishment and Maintenance operations

The forest premiums are income tax-free. The rate of premium is dependent on the species planted. Premiums are paid annually from first year of establishment for 15 years.

Forestry Services Ltd completes all paperwork involved in applications for grant aid on behalf of clients. For details on current afforestation grant rates please visit www.forestryservices.ie.

For more details on forestry premiums please visit forestryservices.ie