BPS net value

[Cider]

2016 bps worth £215.61/ha but does anyone know what its worth after the various deductions please?
My claim has been paid but I don't have a claim statement yet, does anyone know when the claim statements will be sent?
Cheers
Cider

 

[fieldfarmer]

Hopefully they are prioritizing staff to work on the still unpaid claims before worrying to much about claim statements.

 

[Cider]

I don't understand why they can't send out claim statements with the payment notification as it must be an integral part of the claim validation?

 

[gone up the hill]

2016 bps worth £215.61/ha but does anyone know what its worth after the various deductions please?
My claim has been paid but I don't have a claim statement yet, does anyone know when the claim statements will be sent?
Cheers
Cider

Should work out at about £86.20 acre on English lowland.

Statements will be sent out from Feb onwards.

Nearly everyone that I have spoke to who have been paid ( and many have not ) have been paid well below the above figure and none of these have any known penalties etc.

 

[bankrupt]

none of these have any known penalties .

The big penalties for those lucky enough to be paid, gone up the hill, reside in the tax now due.

Sterling having fallen some 17.5%, tax at 20% will now constitute a 3.5% capital levy.

Admittedly, this is far less damaging to us farmers than in 1974-77 when inflation was about 25%, tax 40%, and the annual capital levy was about 10%.

But such is always the advantage of devaluation to the Treasury.