New CAP: ‘Farmer planting 20-acres can secure €11,400/year’

New CAP: ‘Farmer planting 20-acres can secure €11,400/year’

Money 494163 1280 Land planted since 2008 can qualify for both the income tax-free annual forestry premium and the BISS payments in the new forestry programme.

That is according to a spokesperson for EuroForest Ireland, who has provided details in relation to the position of tax-free annual forestry premiums and the Basic Income Support for Sustainability (BISS) in the current new CAP period, which will run from 2023 until 2027.

BISS payment is replacing the Single Farm Payment in the above period.According to the spokesperson, there is no requirement to retain 10% of entitlements in forage area to secure the BISS […]

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