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USC on forestry income

  • 11-11-2019 9:25am
    #1
    Registered Users Posts: 845 ✭✭✭


    I know that you have to pay USC on forestry premium income but i was wondering would you have to pay USC On the grant paid to plant the forest in the first place? I cant find any information on this.


Comments

  • Registered Users Posts: 181 ✭✭mattthetrasher


    duffysfarm wrote: »
    I know that you have to pay USC on forestry premium income but i was wondering would you have to pay USC On the grant paid to plant the forest in the first place? I cant find any information on this.

    No, because your planting grant is to cover an expense it’s not an income as such unlike premia and timber sales as far as I know


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