Basic Payment Scheme 2020: Entitlements and Land Transfers from 31st January 2020
The RPA has confirmed that the online entitlements and land transfers on the Rural Payments service will be switched back on from 31st January 2020. To be able to use entitlements for a BPS 2020 claim, they must be transferred to the applicant before midnight on 15th May 2020.
Whilst it has still been possible to make land and entitlements transfers via a paper form, doing transfers online is a safer and more reliable method. Transfers can be checked very quickly, and you are not relying on an unknown RPA employee to enter the data correctly.
The opening of the transfer system will also signal the start of entitlement trading for the year. So those who have taken on new land or have spare entitlements to sell should look to see where the prices are and whether trading is right for them.
If you would like any advice on the matter above, please do not hesitate to get in touch – 01684 325215 / 07814 033449 email@example.com