The Rural Payments Agency has confirmed the payment rates for the 2015 Basic Payment Scheme for farmers in England.
Most farmers in England are set to receive Basic Payments in the region of £180 per hectare, which includes the new greening element, with farmers in the moorland area set to receive payments of less than £50 per hectare.
In order to be eligible for payment farmers must hold an entitlement for every hectare of land they are claiming upon. The size of the payments received will depend on the number of entitlements held against eligible land.
Payments are to be calculated by the exchange rate of €1 – £0.73129 (down from last year’s rate of €1 – £0.77730). This will mean a loss for farmers across the country that will total millions of pounds.
The entitlement values are:
Non-SDA (Severely Disadvantaged Areas) – £125.65 per hectare
Upland SDA (other than moorland) – £124.75 per hectare
Upland SDA moorland – £32.96 per hectare
The greening element of payments will be calculated by multiplying the number of entitlements and multiplying it by the greening value.
The greening rates are:
Non-SDA – £55.72 per hectare
Upland SDA (other than moorland) – £55.31 per hectare
Upland SDA moorland – £14.62 per hectare
Payments are due to be released in December 2015, with the RPA claiming they are on track to make the majority of payments before the end of January 2016.
At David Allen we are committed to helping farmers and as such we are here to support you throughout the whole process. So if you are concerned about your BPS payments, or any other matters, contact us today.