Over €1.7 million (€1,776,255.92) in annual premium payments has been announced for Kerry forest owners.
It’s part of more than €23.5 million in payments nationally, announced by Agriculture Minister Martin Hayden, and Minister of State Michael Healy-Rae.
The premiums support forest owners, and grants available under the Afforestation Grant and Premium Scheme cover the cost of establishing forest plantation.
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The annual income tax free payments have been made to forest owners who applied online, and relate to over 4,400 (4,431.04) hectares of forestry in Kerry.
The announcement has been welcomed by Equality Minister and Kerry Fianna Fáil TD Norma Foley, Deputy Michael Cahill, and Fine Gael Senator Mike Kennelly.
