The Seeker
Member
Should read (farmers receive money owed being paid early in pr stunt )
BPS early ?
- Thread starter Jon 3085
- Start date
- Location
- The North
just had email from rpa confirming this,
twice yearly payments, sadly not twice asd much cash just the same payemnt but in 2 instalments, end of july them dec
twice yearly payments, sadly not twice asd much cash just the same payemnt but in 2 instalments, end of july them dec
Steevo
Member
- Location
- Gloucestershire
No guarantees they will pay it in July though....just "From the end of July"
Martyn
Member
- Location
- South west
I wonder if we will get befor our well outstanding stewardship payments!
- Location
- Bury St Edmunds
I honestly cannot believe the comments above. The RPA are doing something to help your cash flow, and you mostly are critical of this move.Do you all have such vast wealth that the BPS is just a minor inconvenience to you or have you all bought 2 yrs of N last year and not yet sold anything from 2021 harvest? For once, just once, wind your necks in and grow up.
BB
BB
- Location
- Northumberland
They’re a bloody nightmare with their stewardship payments. Nowt for years then two years worth on the same day. Doesn’t half wreck havoc with your tax situation
- Location
- Northumberland
Just had a nice email from the blessed George advising of the 50% payment in July
- Location
- Bury St Edmunds
This shouldn’t make any difference to your tax position if your accountant is worth anything.They’re a bloody nightmare with their stewardship payments. Nowt for years then two years worth on the same day. Doesn’t half wreck havoc with your tax situation
- Location
- Northumberland
Not in the long term, but in the short term it can.
Help keep the price of store cattle up and i expect a few will buy more fert. Handy i suppose but how many will moan in december/jan that they havent the money to cover bills when they have spent/wasted the july half . Firms that only get paid by farmers once the subs in will need to keep an eye on it
- Location
- Northumberland
There will be some bad news to follow...................
spin cycle
Member
- Location
- north norfolk
bribe to make ppl autumn plant and give sector optimism.....not overly impressed TBH...meh at best
Yep, government getting more than a little concerned farmers won't be planting autumn cereals with the Elms fiasco in the offing but they wouldn't want to let on would they!
- Location
- Montgomeryshire
That part is true I think.
They also wouldn’t have been able to slash the amount, or divert it as wildly into daft ELMS schemes either.
- Location
- Northumberland
The arable mens share should go to the Pig,poultry,and cattle/sheep men this year. They dont need any of it with grain at over £300/ton and Oilseed at £850.
- Location
- S.E
Im very impressed. Well done RPA. Very helpful potentially. Good vision to see the problems ahead and reassuring that a government body has acknowledged that times are going to be challenging
Its great news for those than can budget , saves OD interest etc if nothing else for those currently using it. Bad news for those that cannot budget
spin cycle
Member
- Location
- north norfolk
The arable mens share should go to the Pig,poultry,and cattle/sheep men this year. They dont need any of it with grain at over £300/ton and Oilseed at £850.
i'm only small peasant sheep/bitta corn outfit....but i got a bill for some spray today and WTF
....i dunno if arable boys are going to be raking it in.....the maths on inputs seems 'orbital'.....this advance payment is all about getting them to plant next autumn IMOtrouble is this move is not extra money...it's half of a reduced payment and it could fuel more input inflation....for example do i use the money to buy next years fert whilst i've got it.....or do i wait
....it seems clear govt are hoping we'll buy our inputs early thus making sure of crops next year