[ Categories ](https://www.pfkrural.co.uk/news/categories "Categories") [ Tags ](https://www.pfkrural.co.uk/news/tags "Tags") [ Calendar ](https://www.pfkrural.co.uk/news/calendar "Calendar") [ Categories: All Categories ](https://www.pfkrural.co.uk/javascript:void(0); "Categories") Search...Suggested keywords [ x ](https://www.pfkrural.co.uk/javascript:void(0);) [ Print ](https://www.pfkrural.co.uk/news/agricultural-transition-plan-2021-2024?tmpl=component&print=1&format=print "Print") # Agricultural Transition Plan 2021-2024 [PFK](https://www.pfkrural.co.uk/news/blogger/pfk) Tuesday, 01 December 2020 2234 Hits [ 0 Comments ](https://www.pfkrural.co.uk/news/agricultural-transition-plan-2021-2024#comments) The government have published their agricultural transition plan outlining changes which will take place between now and 2024. The plan sets out the following: • How the basic payment is to be reduced between 2021 and 2024 and how money will be reallocated for environmental productivity and animal welfare schemes. • How environmental land management schemes will develop with the sustainable farming incentive scheme becoming available in 2022. • Changes there will be in regard to regulation and inspection with them being more practical and proportionate than is currently allowed under the EU cap regulations. • Details with regard to animal health and welfare matters. • Financial assistance which will be available to help productivity as a way of helping to tackle substantial productivity challenges faced by UK agriculture. Although there is still a lot of detail missing from the information which has been published, the information which we have at present details the following: • BPS payments will be reduced by at least 50% by the end of 2024. • There is will be a full role out of the environmental land management schemes in late 2024. • Countryside Stewardship Schemes will be open for applications until 2023. • Hedgerow and Boundary Grant and Water Capital Grant funding is to be increased to £20,000 per application. • There will be consultations in early 2021 in relation to the potential to take remaining BPS income in a lump sum in 2022 and the de-linking of remaining BPS payments from occupying farm land or farming from 2024, which therefore will make the current cross-compliance mechanism obsolete. Basic payment reductions are set out to be as follows: | **Payment Band** | **2021 Scheme Year** | **2022 Scheme Year** | **2023 Scheme Year** | **2024 Scheme Year** | |---|---|---|---|---| | Payment up to £30,000 | 5% reduction | 20% reduction | 35% reduction | 50% reduction | | Payment from £30,000 to £50,000 | 10% reduction | 25% reduction | 40% reduction | 55% reduction | | Payment from £50,000 to £150,000 | 20% reduction | 35% reduction | 50% reduction | 65% reduction | | Payment over £150,000 | 25% reduction | 40% reduction | 55% reduction | 70% reduction | These reductions will be applied in a similar way to income tax payments whereby for example, in 2021 for an annual claim of £60,000 there will be a 5% reduction applied to the first £30,000, a 10% reduction applied to the next £20,000 and a 20% reduction applied to the final £10,000. If you wish to discuss any of the matters which have been published by the Government, then please do get in touch with any of the team at PFK Land Agency. [ ](https://www.pfkrural.co.uk/javascript:void(0);) [ ](https://www.pfkrural.co.uk/javascript:void(0);) [ ](https://www.pfkrural.co.uk/javascript:void(0);) [ ](https://www.pfkrural.co.uk/javascript:void(0);) Tags: [BPS](https://www.pfkrural.co.uk/news/tags/bps) [Grants](https://www.pfkrural.co.uk/news/tags/grants) [News](https://www.pfkrural.co.uk/news/tags/news) [×](https://www.pfkrural.co.uk/javascript:void(0);) Stay Informed When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them. 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