More than £158m will be shared by over 15,600 farms across Wales
as Basic Payment Scheme (BPS) 2023 advance payments are made
tomorrow (Thursday 12 October), Rural Affairs Minister has announced.
The announcement means over 96 per cent of claimants will see a
BPS advance payment worth approximately 70% of their estimated
claim value.
This year, for the first time, Rural Payments Wales (RPW) will be
making BPS advance payments during a payment window.
The new payment window which opens tomorrow will run until 15
December. Farm businesses not receiving an advance payment
tomorrow, but whose claim is subsequently validated before 15
December, will receive the advance payment.
This means more farm businesses will benefit from receiving a BPS
advance payment.
Full and remaining balance BPS 2023 payments will be made from 15
December 2023, subject to full validation of the BPS claim.
It is expected all but the most complex BPS claims will be fully
validated, and payments made before the end of the payment window
on 30 June 2024.
Rural Affairs Minister, said: “I am pleased we can
provide BPS advance payments to thousands of farms across Wales.
“Changes we have made also means more farm businesses will
benefit from an advance payment during the payment window.
“RPW will be working hard to ensure full and remaining balance
payments are made as early as possible from 15 December."
