RURAL PAYMENTS AGENCY – FINANCIAL DISCIPLINE MECHANISM (FDM)

From week commencing 12 September the RPA have started to make FDM reimbursement payments. FDM was collected from 2014 SPS payments and a reimbursement will be made to those whose BPS 2015 claim value is in excess of 2,000 euros. The criteria for deducting FDM originally from 2014 SPS payments is different to the criteria for reimbursing it. This means farmers who didn’t have it deducted originally could still qualify for a reimbursement payment. The RPA will be sending a remittance advice which will clearly show the payment is for a FDM reimbursement.
If you are in doubt please contact the Tow Law office.

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