Agri-Shop Ltd
Farminguk
01 June 2016 | Online since 2003
Briefing Media - FG Classified


29 April 2014 14:15:28|News

FUW warns SAF/IACS form errors could lead to long-term income loss


With only two weeks left until the May 15 deadline for IACS/Single Application Form (SAF) submission, the Farmers’ Union of Wales is urging farmers to ensure forms are completed accurately and submitted on time as failure to do so could drastically reduce their payments not just in 2014 but also over the coming four years.
FUW president Emyr Jones said: “We’re still awaiting confirmation from Welsh Government of how payments will be calculated from 2015 onwards, but it seems highly likely that the Single Payment a farmer receives in December 2014 will be used as a reference for calculating the historical element of payment entitlements from 2015 to 2019.
“This means that a simple mistake - or worse still failure to submit the form this year - could not only lead to a loss of payment in 2014, but also a growing loss over the coming four years.”
The Welsh Government hopes to introduce transitional payment entitlement values based upon historical:flat rate ratios of 80:20, 60:40, 40:60 and 20:80 in the years 2015, 2016, 2017 and 2018 respectively.
Under the new Common Agricultural Policy (CAP) Regulations, the historical baseline value of payment entitlements can be based on the Single Payment made to a farmer in 2014 and, if such a system is adopted, this means a fall in the payment received in 2014 would lead to lower payments in 2015-2019.
“This means that every €1,000 lost in 2014 due to errors or failure to submit the form could lead to a total further loss over the 2015 to 2019 period of up to €2,000, “ Mr Jones added.

Download





0 Comment


loginuserlogo
Name

Please enter your name


Email

Comment

Please enter your comment


Post Comment

Your comment submitted successfully.Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


Australia | 31 May 2016
Dairy loans might be hard to access, but will help farmers face some hard truths

Low-interest loans may be difficult to access, but will also help people face some difficult truths, a rural accountant says. There's bipartisan political support for concessional loans, which form...


USA | 31 May 2016
Farmers get creative, frugal to stay afloat in tough times

After several boom years while the rest of the economy struggled, farming is entering its third straight year on the bust side of the cycle. Prices for corn and soybeans are low while expenses like se...


Australia | 31 May 2016
Exciting futures in agriculture veiled by dated agriculture stereotypes

There are six figure salaries on offer, and the chance for a fulfilling career producing food and fibre, but persistent and dated stereotypes of agricultural careers mean they're not often the first c...


Australia | 31 May 2016
Cattle worth $8,000 shot dead in northern NSW

Police are appealing for public help after four cattle were shot dead on two separate properties at Cangai, west of Grafton in northern New South Wales. Police believe the two cows and two bullocks...


Ireland | 31 May 2016
Dairy farmers to earn less than industrial wage in 2016

Farmers can't be blamed for the dairy income slump the ICMSA has warned, as it emerged the average dairy farmer is likely to work for less than the average industrial wage this year. Agriculture Co...



Trending Now

Viewed
Discussed

Farms and Land for sale

PropertyLocation
PropertyAgent
PropertyMinimumPrice
PropertyMaximumPrice
PropertyCategory

Holiday Rentals search

AccommodationKeyword
AccommodationType
AccommodationCounty
AccommodationStarRating


Top stories you may have missed
closeicon
Username
Password