Depending on the number of applications per year however, the absolute maximum payment per year will be €220/ha and the minimum payment will be €145/ha.
ADVERTISEMENT
Young farmer scheme payments in the next CAP will start off at an average of €196/ha in 2023, but this will fall to €161/ha by 2027.
Depending on the number of applications per year, however, the absolute maximum payment per year will be €220/ha and the minimum payment will be €145/ha.
The maximum area which can be claimed on will be 50ha and young farmers must be aged no more than 40 at any time in the year when they first submit an application to the scheme.
ADVERTISEMENT
In its CAP strategic plan, the Department of Agriculture has said that the drop in the payment rate is based on the estimated number of young farmers in 2023 and an increase in young farmer numbers by 2027.
A total of €178m has been assigned for the young farmer scheme, called the Complementary Income Support for Young Farmers, between 2023 and 2027.
According to the CAP strategic plan, the National Reserve will also provide an allocation of payment entitlements to young farmers, or new entrants to farming at the national average value, or top up lower value entitlements to the average.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Young farmer scheme payments in the next CAP will start off at an average of €196/ha in 2023, but this will fall to €161/ha by 2027.
Depending on the number of applications per year, however, the absolute maximum payment per year will be €220/ha and the minimum payment will be €145/ha.
The maximum area which can be claimed on will be 50ha and young farmers must be aged no more than 40 at any time in the year when they first submit an application to the scheme.
In its CAP strategic plan, the Department of Agriculture has said that the drop in the payment rate is based on the estimated number of young farmers in 2023 and an increase in young farmer numbers by 2027.
A total of €178m has been assigned for the young farmer scheme, called the Complementary Income Support for Young Farmers, between 2023 and 2027.
According to the CAP strategic plan, the National Reserve will also provide an allocation of payment entitlements to young farmers, or new entrants to farming at the national average value, or top up lower value entitlements to the average.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS