National Basic Payment Support Scheme 2020

Category: AgricultureCOVID-19 - Posted On: Jul 20 2020


To support farmers and crofters affected by the COVID-19 pandemic, the Scottish Government has announced that a National Basic Payment Support Scheme 2020 (NBPSS20) will deliver the equivalent of 95% of Basic Payment Scheme (BPS) and Greening monies to farmers as early as September this year.

The scheme will give farmers access to vital financial support up to three months earlier than the EU CAP payment period and it is hoped that the acceleration will aid business cash flow within the rural economy.

The loan offer letters will be sent to eligible farmers and crofters from the beginning of August, with the first payments due in September.

You can read the loan offer letter in full, including frequently asked questions, here.

If you have any queries regarding the loan scheme or any other matter, please contact a member of our EQ Agriculture team via agriculture@eqaccountants.co.uk or call 01307 474274 / 01334 654044.