32 Income and capital value of Basic Payment Scheme entitlements in England

32 Income and capital value of Basic Payment Scheme entitlements in England

When the Single Payment Scheme was introduced in 2005, England opted to move gradually over from a payment system, based on historic claims, to a flat rate payment system. As a result, by 2012, each English entitlement within a particular region produced the same income. Payment rates did however differ between the three regions. This remains the position under the Basic Payment Scheme.

The actual income value each year of entitlements within the different regions is worked out once the Rural Payments Agency knows the total number of