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Budget Impacts on Defra Spending
As a result of yesterday’s budget announcement, the Delinked Payments reduction for 2025 was published. A 76% reduction from the base value is to apply to the first £30,000, with no payment on any element of the claim over £30,000. Therefore, if your BPS base value had been £30,000 or above, your Delinked Payment in 2025 will be the maximum of £7,200. Anything less that £30,000 and your payment will be 24% of your original base amount. There is no indication of what, if anything might be paid in 2026 or 2027.
Delinked Payment Due: 2021–2025 Payments | 2021 | 2022 | 2023 | 2024 Delinked | 2025 Delinked |
Up to £30,000 | 95% | 80% | 65% | 50% | 24% |
£30-£50,000 | 90% | 75% | 60% | 45% | 0% |
£50-£150,000 | 80% | 65% | 50% | 35% | 0% |
Over £150,000 | 75% | 60% | 45% | 30% | 0% |
The Sustainable Farming Incentive is an agri-environment scheme that may help reduce the impact left by the Delinked Payment reductions. Call Bagshaws to see how we can help.