Delinked Payments: Check Information Statements
As Members will be aware, BPS ends on 31st December 2023, succeeded by delinked payments managing the run-off funds of the scheme. For more background to the scheme, see our recent Podcast).
Over the past month, farm businesses have received an Information Statement, setting out the basis on which their delinked payments would be calculated. A business’ reference data – the gross payment received across 2020, 2021 and 2022 – will be able to be transferred to another party in early 2024. Those who are considering transferring their reference data are encouraged to check their Information Statements, and to raise any queries with the RPA as soon as possible (the RPA suggests before 31st December to give good time to resolve any issues).