Following consultation with the European Commission and advice from the Revenue Commissioners, a Support Fund of €3 million has been established by the Government to address the hardship experienced by commercial eel fishermen and women in the light of the closure of the commercial eel fishery for conservation reasons. The fund is administered by Inland Fisheries Ireland (IFI).
The scheme is currently open for applications which must be received by 5.00 pm 30 November 2018. An application form and detailed information on the scheme can be obtained from any IFI Office or by downloading the relevant documentation from the IFI website www.fisheriesireland.ie.
The fund is available to all persons who were the holder of a commercial public eel licence or an eel fishing permit from the ESB in the 2007 season (the base year). The 5 reckonable years for payments under the scheme are 2003-2007. In respect of former fishermen and women who were the holder of a licence or permit in the base year, payment will involve a tax free element for each of the 5 reckonable years for which a qualifying applicant was a licence or permit holder and a taxable element based on the average annual catch of the applicant during the reckonable years.