entitlements wanted

[spin cycle]

6ha of non sda required to buy will pay £75/ha + vat....payment after transfer

may lease

 

[caveman]

Hahaha

 

[spin cycle]

Hahaha

we'll see.....i know an agent in sw buying at 65....be worthless next tuesday

 

[caveman]

we'll see.....i know an agent in sw buying at 65....be worthless next tuesday

Good luck

☺

 

[spin cycle]

Good luck

☺

i know i'll need it.....thing is rpa 'lost' some entitlements during transfer in 2015..so rather than risk a third year i thought i'd try and buy some....but i can really only justify the price quoted

 

[Forever Fendt]

6ha of non sda required to buy will pay £75/ha + vat....payment after transfer

may lease

@Clive had some

 

[Clive]

i know i'll need it.....thing is rpa 'lost' some entitlements during transfer in 2015..so rather than risk a third year i thought i'd try and buy some....but i can really only justify the price quoted

sold a few but have a few left still - pm if interested

don't bother at £75 though - just sold the last lot (yesterday) at £160

they are a long way from worthless when they have 3 more years of claims left in them yet !

 

[hally]

I still have a lot to sell will take less than Clive.

 

[Punch]

i know i'll need it.....thing is rpa 'lost' some entitlements during transfer in 2015..so rather than risk a third year i thought i'd try and buy some....but i can really only justify the price quoted

we are in same boat as you. Can't justify not buying even if have to lose next year.
Bought some yesterday from near neighbour through an agent in SW for £125.
They had sold some in April for £100. Damn missed out again.

 

[marshbarn]

I notice in farmers weekly that they refer to vat sales on entitlements, so any price paid will have vat added and would be reclaimable? have i got that right?

 

[neilo]

I notice in farmers weekly that they refer to vat sales on entitlements, so any price paid will have vat added and would be reclaimable? have i got that right?

Yes.

As a capital investment, they can also be written down as a CGT loss once they are made worthless at the next round of reforms (as SFP entitlements were), which can be banked to use offset (part of) any potential future Capital Gains.

 

[spin cycle]

in the market again for about 6 to 7 ha

 

[Ramrod]

Yes.

As a capital investment, they can also be written down as a CGT loss once they are made worthless at the next round of reforms (as SFP entitlements were), which can be banked to use offset (part of) any potential future Capital Gains.

Are you sure about this, I thought they were carried over, and if you were without or short of, you applied to National Reserve?

 

[neilo]

Are you sure about this, I thought they were carried over, and if you were without or short of, you applied to National Reserve?

As agreed with my accountant... SFP entitlements were abolished at the end of the scheme, with new BPS entitlements being granted on however much eligible land you were farming in the first year of that scheme. The old ones finished and new ones were introduced, they are not the same entitlement.

 

[rm1]

6 ha of entitlements wanted to lease for 2018 claim.

 

[rm1]

Bump

 

[Northdowns Martin]

Had 10ha clawed back, as described in Entitlement statement last year, I didn’t think they could do it for 2 years if not used.

 

[Badshot]

Had 10ha clawed back, as described in Entitlement statement last year, I didn’t think they could do it for 2 years if not used.

Correct. They have to be idle for two years before they expire.

 

[Phil P]

I’m also looking for 16ha of non sda entitlements if anyone has some they need to shift.

 

[Ramrod]

I’m also looking for 16ha of non sda entitlements if anyone has some they need to shift.

PM'd you