Basic payment scheme explained
Thursday, August 28, 2014
The reforms to the Common Agricultural Policy (CAP) will bring about change in many areas of farming in 2015. There will be the transfer from the Single Payment Scheme (SPS) to the Basic Payment Scheme (BPS), with its new Greening rules, as well as changes to Cross Compliance. While the fine details have yet to be finalised we thought it may be useful to have a summary of what we know so far.
The summary has been produced by Laura Gude who works with John at Creedy Associates. The information presented is to the best of our knowledge correct. That said, we would urge you to seek individual advice to clarify the facts as they relate to your business.