Sfi payment for 2023

Huno

Member
Arable Farmer
Is the panic about payment dates because lots of costs have been incurred starting to implement SFI options and cash flow is tight? In the HLS and CS schemes the gamble was recieving payment within 12 months of spending all the money or getting paid twice in one financial year and being taxed to death! A good overdraft facility was essential! Be patient...
 

Huno

Member
Arable Farmer
No, not really. Not had any costs yet (too wet to plant so haven’t ordered any seed).
However, with drilling dates for spring crops getting later, and not a great deal in the ground pre-Christmas, the SFI income is going to be important this year
BPS is the weather insurance! Luckily 50% left this year! SFI money takes no account of weather...
 

Huno

Member
Arable Farmer
Say the weather didn't take up and herbal leys couldn't to drilled, could the farmer use Force Majeure?
No.. If you take the money.. YOU take the risk.. You will have to deliver the "AIMS " to get paid but at least you won't get fined for not achieving them or paid...
 

Huno

Member
Arable Farmer
They will inspect using Remote Sensing and if the area is not correct or the land designation is not correct they will just reduce your payments in following years as happens in HLS and CS now.. They will ofcourse allow you to correct the error by replanting the crop but you might lose that year... If not it would just lead to massive Fraud opportunities which they may or may not have thought about??
 

Humble Village Farmer

Member
BASE UK Member
Location
Essex
I think it comes on the 4th month after the start date and then every 3 months. My start date was the 1st of Jan so hopefully first payment in account by April.
Did yours come in today?

Mine did and more than I was expecting. So much more that I'm wondering whether they're rolling the remaining Bps money in with it. Not complaining either way...
 

SFI - What % were you taking out of production?

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    Votes: 111 38.1%
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    Votes: 42 14.4%
  • 50-75%

    Votes: 6 2.1%
  • 75-100%

    Votes: 4 1.4%
  • 100% I’ve had enough of farming!

    Votes: 17 5.8%

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