Welsh Government Unveils New Vision

Welsh Government Unveils New Vision

The Welsh Government has released their latest proposals for a post-Brexit farm support system. The document, ‘Sustainable Farming and Our Land’, proposes paying farmers through a single scheme, instead of their previously suggested two-tiers. Payments would be based...
Interest Free Loans to Cover Late BPS Payments

Interest Free Loans to Cover Late BPS Payments

Interest free government loans will now be available to all Welsh Farmers if their Basic Payment Scheme (BPS) payments are late. Farmers who do not receive their BPS funds on 2 December – day 1 of the payments window – can receive loans under the BPS 2019 Support...
HMRC Lose VAT on BPS Appeal

HMRC Lose VAT on BPS Appeal

Following an unsuccessful appeal by HMRC, farmers should be able to continue to reclaim VAT against purchases of Basic Payment Scheme (BPS) entitlements. HMRC argued against farmer, Frank Smart, that the VAT incurred on the purchase of his BPS entitlements had a...