Agriculture
Farm and Horticultural Improvement Scheme 2006
The purpose of this discretionary Scheme is to support commercial farmers and horticulturalists in making capital investments to improve the sustainability of their businesses. For further information please see the FHIS page.
The Control of Wool (Isle of Man) Order
This details the price per kilo of wool, based upon the description or grade of wool, to be paid by the Department: all wool must be sold to the Department. Where wools have faults etc., are heavy with grease etc., or are inferior, deductions will be made from the quoted prices. A new Order is made each year. Purchase prices are based on the average price achieved for the grade at auction in the previous year less BWMB Marketing costs.
Pig Premium Quota Regulations 1999
The Department pays a premium, currently £20.02 per carcass, for animals that are slaughtered at the Meat Plant and sold by IOM Meats to a butcher; up to an agreed maximum number.
Laxey Glen Mills Limited Milling Wheat Scheme 2002
This scheme enables payments of up to £21.34 per tonne (2012 harvest) and £10.69 (2013 harvest) to be made to growers who supply Laxey Glen Mills Limited with milling wheat. Payments are based on the wheat meeting the strict standards required for milling and further processing.
Countryside Care Scheme
The Countryside Care Scheme forms one of the components of the Policy for Manx Agriculture which was approved by Tynwald in April 2008. The Scheme was approved by Tynwald in December 2008 and was implemented on 1 April 2009. Click here for more information http://www.gov.im/daff/countryside_care/
Seeing is Believing
The aim of this support is to encourage a "can-do culture" for those individuals or groups wishing to attend off-Island training sessions/courses/seminars or similar wishing to improve their sector understanding with a global perspective on Agriculture. The application form and guidance notes are available to download at the bottom of this page.
Agri-Environment Scheme 2002
This scheme is aimed at supporting wildlife-friendly farming methods and allows payments to farmers who manage their land to agreed standards for the benefit of wildlife and the environment. The whole farm must be entered into the scheme and payments are made at 2 levels:
- Habitat, payment by management technique, annually;
- Options and Initiatives, payment for farmer-led initiatives to improve wildlife habitat, paid quarterly.
This scheme is scheduled to end in March 2014.
The Agricultural Holdings (Loans) Scheme 2007
Individual sitting farm tenants, farmers and prospective farmers and certain Limited Companies may apply for a loan to purchase agricultural land for their own occupancy. There are however various conditions which must be met.
The applicant must show that he has agricultural experience and ability, and has resided on the Island for at least the last 5 years. He can then apply for a loan towards the purchase of agricultural land to be occupied and farmed by him.
The maximum loan is 90% of the assessed freehold value of the land on purchase cost incurred in the Isle of Man. The applicant must provide at least 10% of the purchase price - this money must not be borrowed on the security of the land. The interest rate on the loan is determined by the Treasury and is currently 5%.
Loan repayments and interest are to be made half-yearly; the period in which the whole is to be repaid will be determined by the Department, but will not exceed 40 years. The final decision on the application rests with the Treasury.
The Agricultural Credits Acts 1924 & 1966
This scheme allows for landowners or life tenants to receive loans to carry out approved improvements to their farm. It is related to capital work eligible under the Farm Improvement Scheme for grant assistance, so loans are available for buildings but not equipment, fencing or drainage.
The applicant may apply for a loan of up to 80% of the net cost of the improvements after any grant assistance. Loans must not exceed 75% of the valuation of the holding, taking account of all current encumbrances. Advances may be given up to 70% of the actual expenditure. The interest rate is 6% per annum; the loan must be repaid by twice-yearly instalments over a period which will be determined by the Department, but will not exceed 20 years. The loan is secured on the holding where the improvement is sited.
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