|up to £30,000
|£30,000 – £50,000
|£50,000 – £ 150,000
|£150,000 or more
A business currently receiving £30,000 in BPS will lose £1,500 in 2021, whilst a business receiving £50,000 currently will lose (£30,000 x 5%) plus (£20,000 x 10%) making a deduction of £3,500 in 2021. The larger your current claim the larger the potential deductions.
Looking at Countryside Stewardship options will enable businesses to recover some of these losses, by carefully considering the productive capacity of the land farmed, the margin it produces compared to the money CS Mid-Tier will pay for alternative use of that land. The scheme can be a win-win for many farmers in that it will help the environment and also provide a good income for the business, whilst also increasing the public perception of farmers.