Banknotes and coins©Image Broker/Rex Shutterstock
The Rural Payments Agency has confirmed it is on track to start making full Basic Payment Scheme payments in December. And more than half of the 88,000 claimants in England are set to receive their payment before the end of that month. The European Commission will apply a financial discipline mechanism (FDM) deduction at 1.393041%. The RPA will now use this rate to calculate 2015 BPS payments by applying it to all claims in excess of €2,000 (£1,400). This will […]
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