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<p>Defra reports expenditure under agricultural support schemes by financial year
rather than calendar year.</p><p> </p><p>The Department, as required by section 5
of chapter 1 of the Agriculture Act 2020, will prepare an annual report about the
financial assistance given during each financial year, starting with financial year
2021-22. The first report will be laid before Parliament and published before 1 October
2022. It will contain details of where funds freed up from BPS have been spent.</p><p>
</p><p>We will have the same requirement in 2022-23, where the reduction in basic
payments will enable the launch of the Sustainable Farming Incentive in June 2022,
an increase of Countryside Stewardship payment rates and a rise in demand for the
scheme from farmers, and the continued rollout of other schemes to improve prosperity
and reward environmental delivery including forthcoming grants for slurry stores.</p>
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