UK bank notes© Stock Connection/REX/Shutterstock
Basic Payment Scheme (BPS) rates about 5% higher than last year have been confirmed by Defra. The 2017 rates will be: Non-SDA land: £230.97/ha (£93.47/acre) SDA land: £228.88/ha (£92.62/acre) Moorland: £63.48/ha (£25.69/acre) The exchange rate for conversion was announced at the end of September, but each year the number of entitlements claimed changes slightly, which is why the difference between each year’s values is not simply a reflection of the currency difference. Also, each year a slightly different amount is […]
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