BPS 2018 Payments and Exchange Rate
The exchange rate for 2018 BPS payments has been set at €1 = £0.89281. This is 0.2% lower than last year’s exchange rate.
The Rural Payments Agency has now announced the Entitlement Values for the 2018 year at:
– Non-SDA (Severely Disadvantaged Area) €181.39
– SDA €180.00
– SDA Moorland €49.09
Adkin are pleased to welcome Jenna Wald back as part of our team, on a temporary basis, following her time in Australia where she hopes to return next year.
We are delighted to announce that Hannah Rickards has been successful in passing the Assessment of Professional Competence with the RICS and is now a fully qualified Chartered Surveyor. Many congratulations from all at Adkin!
We are very pleased to announce the promotion of Alison, Emily and Kerry to the position of Director within Adkin. Previously Associate Directors, these well-earned promotions reflect each colleague’s ongoing commitment to and seniority within the Company.
Adkin are proud to support three charities for the 2017/18 financial year. The three staff elected charities are as follows:
• CLIC Sargent cancer support for the young
• Pennyhooks Farm Trust, supporting people with Autism in a farm environment
• Yellow submarine, supporting people with learning disabilities to live their lives to the full
Last month our Adkin surveyors attended the Royal Agricultural Benevolent Institution (RABI) Oxfordshire committee’s 10th Annual black-tie dinner held in in the Great Hall at Christ Church College.
The event included a Church service followed by dinner, auctions and a speech from guest speaker Lydia Slack, a former UN intern and model. The evening successfully raised £8000 for the RABI charity.
Photo by Melissa, Polo Images www.poloimages.org
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into effect on 26th June 2017 and now apply throughout the UK meaning farmers buying and selling land need to be prepared for increased security checks during these transactions. The Regulations have resulted in a tighter regime of identity checking for property transactions to reduce the potential opportunities for criminal organisations to fund terrorist activity or launder money.
The lecture this year took place on Wednesday 11th April in the stylish surroundings of the Plaisterers’ Hall at One London Wall, London and was hosted by Julian Sayers in his capacity as Master.
The speakers were Ross Murray and David Christensen and the topic, in line with the Master’s theme for his year, could not be better timed or more important – The Post-Brexit Future for Land Tenure and Occupation.
BPS Reminders
The BPS 2018 application window is now open and with the deadline coming up on the 15th May 2018 below are some key reminders.
BPS 2018 Scheme Rules
The RPA has published a further updated version of the BPS 2018 Scheme Rules guidance online. The updated guidance can be found on the GOV.uk website or at: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/697011/BPS_2018_scheme_rules_v4.0.pdf with the key changes being:
