Why Plant?
- Tax-Free premium payable for 20 years
- Additional F.E.P.S premium payable on forestry planted on R.E.P.S farms
- Afforestation grants cover full costs of planting, Free forest establishment
- Stacking, Plant up to 50% of your farm and retain full single farm payment
- Landowner remains 100% owner of both the land and the crop
- Attractive grants for forest roads, pruning and shaping
- Tax efficient regarding inheritance
- Tax-Free status of timber sales
- Increasing demand and consequently price for timber internationally due to;
- Increasing world population, from 6 billion people in 2002 to 7.9 billion by 2025(Source UN population division)
- Increasing use of renewable fuels as laid down in the Kyoto protocol and the EU white paper on renewable energy (From 6% to 20% by 2020)
- Decreasing supply from Russia due to export levies
- Forest area decreasing worldwide annually. Net loss to agriculture and other uses is estimated at 7.3 million hectares per year. (source : www.fao.org)
- Emerging markets in China and India. China’s consumption of sawn wood is expected to double by 2015.
- Amenity value in certain circumstances