Farms receive £1.7bn in BPS payments

By Chris Wright, Partner and ARA specialist

According to the Rural Payment Agency (RPA), farmers have already received more than £1.7 billion worth of Basic Payment Scheme (BPS) funding in the first few days of the payment window opening.

In total, more than 97,500 claims have received funding equal to £1.72 billion. These amounts cover the Basic Payment Scheme (BPS), Countryside Stewardship (CS) revenue and Environmental Stewardship (ES) schemes.

The RPA has confirmed that all eligible farmers should receive their funding for this year by the end of June 2022, when the payment window is due to close.

It has reminded farmers to provide up-to-date bank account details on the Rural Payments service, as payments are made directly via BACS transfer.

RPA Chief Executive, Paul Caldwell said: “We understand that it has been a challenging year for rural communities, which is why we’re working hard to get payments made as quickly and efficiently as possible.

“We have already paid more than 97,500 claims, totalling £1.7 billion, but we know there is more to do and we understand the importance of these payments to the rural economy.”

BPS payments are a key target for fraudsters and so farmers are being asked to be aware of fraud and to never disclose personal information to anyone.

These payments will be gradually reduced over a seven-year period, with the biggest reductions initially made to the higher payment bands.

This is a result of Brexit and the Government’s decision to open new schemes that focus on sustainable farming, rewarding farmers for actions, such as improving air and water quality.

If you need advice on farm subsidies or are unsure about how the changes to payments may affect your income, please get in touch.