Basic Payment Facts – England 2022
Basic Payments Facts 2022 is the latest version of our popular, pocket-sized summary of the main rules of the Basic Payment Scheme (BPS) and an overview of the new support schemes which are emerging in England.
There are no major rule changes for the 2022 Basic Payments claim process for most claimants. However, farmers will see further significant reductions in BPS receipts as the progressive cuts, first announced in late 2020, rachet upwards. This year’s reduction will be 20% on BPS payments up to £30,000, 25% between £30,000 and £50,000, 35% between £50,000 and £150,000 and 40% for payments over £150,000. The deadline for 2022 BPS applications is 16 May, so if you need any help in completing a claim, please get in touch.
Future of farm support
We know that farmers and landowners are keen to keep up to date with plans for the Sustainable Farming Incentive and the other new schemes being introduced by Defra, but with announcements coming thick and fast the picture can be confusing. This year’s publication includes an overview of the new schemes which will be potential sources of funding for farmers over the coming months and years and our national team of experienced farm consultants is here to help you navigate through the various options on offer.
We also find ourselves operating in a global food system which has never been put under more pressure, leading to supply chain disruption and soaring prices for key inputs. We are in a period of significant change, but also one where there will be opportunities. Please do contact us if you would like to talk about the part our team can play in helping to build more efficient, profitable and resilient farming businesses which can adapt to market challenges.