What will replace single farm payment

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Learn more and compare subscriptions content expands above. Full Terms and Conditions apply to all Subscriptions. Or, if you are already a subscriber Sign in. Farm subsidy change delayed until Welsh Government: Farming. Image source, Getty Images. Environmental work could include reducing the risk of flooding by restoring floodplain woodlands.

Improving biodiversity is also on the Welsh Government wish list. View comments. Related Topics. Published 10 July Published 1 November Published 26 November This site requires a JavaScript enabled browser. Farmers in England learned last week that Defra is planning to offer them the chance to take a lump sum exit payment in instead of collecting their remaining Basic Payment Scheme BPS support annually as it is phased out by Crucial details of how exit payments will work remain unclear as Defra is planning to consult with industry on the offer in the new year, including precisely who will be eligible and how they will calculate what sum to pay.

See also: Defra unveils roadmap to ELM scheme. However, farmers now know enough to begin planning for a shakeup in , said Vivienne Williams, a partner and head of the agriculture team at law firm Michelmores.

It is now clear that the applicant who receives the payment will have to leave the industry in some form to be eligible for it, she said, and this means accelerating succession planning to be ready.

This may mean a tenant departing a property, or a landowner selling up or handing over their property to the next generation. We use the word "partner" to refer to a shareowner or director of the company or an employee or consultant with equivalent standing and qualifications.

A list of the directors is available from our office, together with a list of those persons who are designated as partner. VAT No