First bulk payment forestry payment for 2018 released today

Farming reporter

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Farming reporter

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Andrew Doyle T.D., Minister of State at the Department of Agriculture, Food and the Marine, has announced the release of the first bulk payment of annual tax-free forestry premiums for 2018. 

The payments are currently being issued to forest owners who applied through the Department’s online services website www.agfood.ie.

Minister Doyle highlighted that “some 7,300 forest premium applications have been paid this week amounting to €27.8m. The Department will continue to process online applications for 2018 forest premiums as they are received, with payments continuing on a weekly basis throughout the year. This first payment is for applications received online which shows the benefit of applying online for forest owners. I would encourage others to consider this option in future”.