Direct talk on ... SFP entitlements - Farmers Weekly

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Direct talk on … SFP entitlements

If you’ve got a question about single farm payment entitlements ask Farmers Weekly.

Although English farmers are starting to receive their SFP cheques at last, confusion still surrounds many aspects of the new payment.

From entitlement trading to tax treatment, from claiming in euros to FVPs there is a maze of issues to understand.

That’s why Farmers Weekly is bringing you an SFP entitlement Direct Talk special – it’s your chance to talk directly to the experts.

We’ve lined up a panel of bankers, accountants, entitlement traders and farm consultants who are waiting to help answer your queries.

All you need to do is go to our forums section and ask your SFP question – it’s that simple.

strutt and parker logoAnd that’s not all. We’ve also teamed up with rural consultant Strutt & Parker to bring you a detailed SFP Calculator that will tell you how much your SFP will be worth to you over its lifetime.

So join the discussion, it won’t cost you a penny and might save you some pounds.


Advice and debate

Post your comments in the Direct Talk on … SFP entitlements forum …

Our experts:

carl atkin

david douglas

george chichester

george paton

Carl Atkin

David Douglas

George
Chichester

George Paton

Bidwells

Clydesdale
Bank

Strutt & Parker

Webb Paton

Business
Adviser

Euro Loan
Specialist

Farm
Consultant

Entitlement
Trader

jonathan smith

mike harrison

Edward Blundy

Jonathan Smith

Mike Harrison

Edward Blundy

Bruton
Knowles

Saffery
Champness

Brown & Co

Entitlement
Trader

Tax
specialist

FVP
authorisation


Annual Single Farm Payment calculator

strutt and parker logoStrutt & Parker have designed an SFP Calculator that will tell you how much your SFP will be worth to you over its lifetime.

View calculator …

This Calculator is designed to calculate the likely annual income from Single Payment over the transition years of the new Scheme, i.e. to 2012. 

Behind the scenes are relatively complex calculations which make adjustment for the various deductions for National Ceiling and National Reserve, and the phasing out of historic and National Reserve top-up payments. 

You only need to input the information required for the yellow boxes.  Most of this comes from the Entitlement Statement which has been issued to you.  If relevant, the fourth box refers to any National Reserve allocation or top-up which you have been awarded.  The figures in the blue boxes are our suggestion, but you can amend these also if you wish.  Please note that the full Regional Average rate of payment will increase over the years, firstly as additional money is received nationally for sugar premium and increased dairy premium, and secondly as deductions for the National Reserve reduce.


SFP entitlement articles

Direct Talk on … SFP entitlements

Farmers Weekly continues its Direct Talk initiative.

This time we’re focusing on SFP entitlements, and as before we’ve sought advice from various experts on entitlement trading, taxation and business development. Now we need your comments and questions to put to them.

Submit your questions in advance …

If you haven’t yet received the single farm payment it should be in the post soon – if the Rural Payments Agency is to be believed.

But once your cheque arrives that’s not the end of the matter. If you’re thinking of buying or selling SFP entitlements there’s a maze of rules and regulations to be negotiated.

And how you decide to spend the payment this year and during the life of the SFP scheme could ultimately affect the future of your business.

There are still so many questions, but luckily we can provide some answers.

On 10 March Farmers Weekly will be printing a five-page Direct Talk SFP entitlements special, but that’s not all.

We’ll also be setting up a special Direct Talk forum here on FWi where our panel of experts, who range from tax specialists to bankers to entitlement trading gurus, will be answering your queries

To get the ball rolling properly we’re inviting you to submit your comments in advance and be the first to get your questions answered by our expert panel. Our experts will be on our Forums from 10 March onwards and your questions will appear then.

So start talking and send us your questions. And if you’re a consultant or specialist why not join in the discussion too?

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