Agricultural

 

Basic Payment Scheme

How would you feel if your Single Farm Payment incurred a 30% penalty?

We can give you advice and assistance on all aspects of the scheme including:

  • Cross compliance
  • Completion of annual claim forms
  • Transfer/Lease of Entitlements

With changes constantly occurring, keeping up to date is vital to protect your income and avoid penalties.

Our team provides advice and guidance to clients in all aspects of the new Basic Payment Scheme (BPS) as well as completing and managing BPS applications. We offer up to date service on all issues including a brokerage service for transferring Entitlements.

Benefits of using Herbert R Thomas to manage your SPS include access to our detailed knowledge of the scheme; we can also liaise with the Welsh Assembly Government on behalf of clients to resolve disputes.

 

BPS Entitlements Available

Ref.

No. of Entitlements

Lease/Sale 2018 BPS Value/Unit Greening Value/Unit Total Value/Unit Total Value/Unit including Redistributive Element
MAJ 7.61 Sale

€89.31 / £79.90

€62.03/ £55.50

€151.34 / £135.40 €254.58 / £227.77
AS 39.08 Sale €80.94 / £72.42 €56.22 / £50.30 €137.16 / £122.72

€240.40 / £215.09

PT 8.51 Sale €101.32 / £90.65 €70.37 / £62.96 €171.69 / £153.61

€274.93 / £245.98

The Redistributive Payment (€103.24/unit) will be paid on the first 54 hectares of eligible land claimed.

The currency exchange rate used is €1 : £0.8947.

VAT is applicable to all lots unless otherwise stated.

E&OE.

 

 


 

Key contacts

We're here for you...

 

Farm Payments South Wales
Cowbridge
Matthew Jarrold  BSc (Land Man) MRICS, FAAV, FLAA

Chartered Surveyor

M   07970 260361
matthewjarrold@hrt.uk.com

 


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