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
No. of Entitlements
|Lease/Sale||2018 BPS Value/Unit||Greening Value/Unit||Total Value/Unit||Total Value/Unit including Redistributive Element|
€89.31 / £79.90
|€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.
We're here for you...
CowbridgeMatthew Jarrold BSc (Land Man) MRICS, FAAV, FLAA
M 07970 260361