The Compensation Fund – Property Tax at the Tax Authority today opened the possibility for Farmers across the country to file claims for compensation for drought damage. Farmers in areas defined in an order signed by the Minister of Finance last July are eligible for compensation, and for crops defined in this order.
The compensation applies to the areas and crops from June 2024 to June 2025. The amount of compensation is derived from the amount of the “loss” that farmers suffered during that period, whether as a result of damage to the crop or as a result of a crop that did not grow, due to a lack of Rainfall or rainfall that did not fall at the right time. The percentages of compensation vary depending on the growing area.
Applications must be submitted through the Tax Authority’s online system. After identification, select the option “Indirect Damage/Drought Damage” and then the option “Drought Track – 2025”. Fill out the online form and attach the required documents.
A list of the required documents and a map of the areas and crops to which compensation applies can be found on the Tax Authority website.