News
30th Sep

2016

BPS 2016: A New Approach to Over-declaration Penalties

BPS 2016: A New Approach to Over-declaration Penalties

The EU Agriculture has announced wishes for a simplified system of administrative penalties to be implemented.  The changes are aimed at reducing the standard penalty rate and bringing in a “yellow card’ system.  This new approach will be applied to BPS 2016 claims and the Young Farmer Payment.  Further details of this new system will be detailed in a TFA Briefing Note.

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