Farm payments during the transition period

Farm payments during the transition period | Points to consider during transition period | Accountants in Alswear | Accountants in Ringmore | Accountants in Woodbury | Accountants in Charminster | Accountants in Tarrant Gunville | Accountants in Murray Park

Farm payments during the transition period

The Chancellor recently announced that the level of funding for direct payments for farmers would continue for 2020 at the same rate as 2019. This has now been confirmed by the Department for Environment, Food & Rural Affairs (DEFRA).

This will help provide certainty to farmers allowing them to plan for the future, sow their crops and care for their livestock with confidence. The direct payments scheme forms the majority of spending under the CAP and provides subsidies to farmers based on the area of land under management.

The UK Government will also continue to fund existing Rural Development Programme (RDPE) projects and those approved by 31 December 2020 until those projects end.

Farming support schemes will continue to be run by:

  • the Rural Payments Agency (RPA) in England
  • DAERA in Northern Ireland
  • the Welsh Government in Wales
  • the Scottish Government in Scotland

It has also been confirmed that the current framework of rules and processes will stay the same, until DEFRA and the devolved administrations introduce new agriculture policies and schemes.

To know more on Farm payments during the transition period, Book a Free Consultation

Need Accountancy Support?

For information on bespoke training, or if you have any other questions for Makesworth Accountant, please fill in your details below



    By submitting the form, you agree with the storage and handling of your data to contact you to arrange a free consultation with us and to receive latest updates by Makesworth Accountants in accordance with our Privacy Policy

    Proud to be featured in

    Happy with our services? Please leave us a Google Review. Click here