03/11/2008 ~ SPS entitlements revalued for 2008 scheme year
The new flat rate values for the three English regions under the 2008 Single Payment Scheme are:
- €141.93 for non-SDA (Severely Disadvantaged Areas)
- €116.21 for upland SDA, other than moorland
- €20.53 for upland SDA moorland
The conversion rate to be applied is €1 = £0.79030 (based on the value of the Euro as at 30 September 2008).
RPA plans to start sending out 2008 Entitlements Statements in January 2009. These statements will confirm the number and value of each farmer’s 2008 SPS entitlements. Guidance notes to explain the detail, including how the value of entitlements has been calculated will be enclosed.
The revalued figures are used to calculate each individual SPS 2008 payment due. Full SPS payments will be made as soon as possible (after the payment window opens on 1 December) to farmers whose claim has been validated.
The entitlement values are established before final validation of a claim, and before deductions for European and National modulation or any penalties are applied. The SPS payment made will, therefore, be lower than the values shown on the Entitlements Statement.
Notes:
1. Sugar funding is included in the entitlement value shown on the statement and, where activated, will be included within the SPS payment.
2. The value of entitlements established in 2005 changes each year until 2012, when the 100% flat rate payment per hectare will be achieved. The flat rate figure has increased from 30% to 45% for 2008, while the historic element has reduced from 70% to 55%.
This revised historic element is achieved by applying a reduction factor to the 2007 element, as shown:
| 2008 figures |  |  |  |
| Region | Flat Rate (45% figure) | (Rounded Sterling value) | Reduction factor for historic entitlement |
| Non-SDA | €141.93 | £112.17 | 0.7875675861 |
| SDA | €116.21 | £91.84 | 0.7835710360 |
| SDA Moorland | €20.53 | £16.22 | 0.7786558592 |
The conversion rate applied
is €1 = £0.79030 |
| The 2008 Sugar Tonnage rate is €10.376042 |  |  |  |
Comparable figures for 2007 were:
| Region | Flat Rate (30% figure) | (Rounded Sterling value) |
| Non-SDA | €95.13 | £66.28 |
| SDA | €76.98 | £53.63 |
| SDA Moorland | €13.40 | £9.33 |
| The conversion rate applied is €1 = £0. 69680 |  |  |
| The 2007 Sugar Tonnage rate is €9.50331 |  |  |
3. For further information on entitlements please click here.
Page published: 3 November 2008