The Basic Payment Scheme replaces the present Single Farm Payment for farmers and here Macra outlines what it is and how it will work.
In simple terms your Basic Payment Scheme entitlement will be based on the amount of money you were entitled to in 2014 (monetary value) and the lesser of the land area submitted in 2013 and 2015 (base area). Your unit value (payment per hectare) will be the monetary value divided by the base area.
Whether your unit value is above or below the national average will determine whether your payment will fall or rise over the years and to what degree. What you have submitted in 2013 and your monetary value are outside your control, but what you do in 2015 still is, possible action
Reduce your base area if land is not available to you, by excluding land you are not sure of having over the coming years this will stack your entitlements so you will not be chasing land to draw down your full payment.
2015 is a Basic Payment Scheme reference year so careful consideration is important.
Young Trained Farmers (Fetac level 6 or equivalent and under 40) and new entrants (trained but not yet commenced farming or commenced farming since 2013) subject to certain criteria will qualify for payments from the national reserve whether farming alone or in a registered partnership.
Basic Payment Scheme
– Submit and Farm base area (40 Ha) – Greening and Cross Compliance – Basic Payment unit value changes + or – (500 will be minus)
Basic Payment Scheme – New Entrants
Young Farmers Scheme (25% young farmer top up)
This information is from Macra na Feirme.