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Letting Entitlements

  • 14-09-2023 6:16pm
    #1
    lbj666
    Registered Users Posts: 2,021 ✭✭✭


    Hi folks,

    My dad is finishing up farming and we are planning to let the land including Entitlements to a fella who is very interested.

    I am just wondering and I will be in touch with an advisor on this but is there any advise on what value should be put on the entitlements.

    Should it be based on their projected net worth or their estimated payments ..don't have a very good understanding of them.

    Thanks



Comments

  • #2
    minerleague
    Registered Users, Registered Users 2 Posts: 1,101 ✭✭✭minerleague


    Value of entitlements probably has dropped because they are now split into 3 parts ( Biss , eco payment, and CRISS which farmer taking land wont be able to draw down - its a front loaded payment part which farmer will have on their own land if over 30ha )

    Usually land is let for x amount per acre with full entitlements going back to you, this made it easy to compare where each farmers entitlements were different. So find out how the value of your entitlements are split and subtract the CRISS part to see what farmer leasing your land will be drawing



  • #3
    lbj666
    Registered Users Posts: 2,021 ✭✭✭lbj666


    Where would I find if we have these only can find details of BISS on agfood.ie

    Edit..Seems like the DAFM calculator is a very useful tool for this?

    Post edited by lbj666 on


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