BIM55301 - Farming quotas: general
Various quota systems operate within the UK farming industry to regulate production, or the entitlement to production subsidies. For example -
- Milk quota (see BIM55335 and CG77820 onwards) allows a farmer to produce a certain amount of milk without incurring a supplementary levy known as `superlevy'.
- Potato quota (see CG77960 onwards) allows a farmer to grow potatoes on a set acreage of land.
- Ewe Premium quota (see CG77982) entitles a farmer to claim EC subsidies for keeping ewes.
- Suckler Cow Premium (see CG77982) quota entitles a farmer to claim EC subsidies for keeping suckler cows.
- There is also a sugar beet quota but this is a misnomer. Such amounts are really contract tonnage entitlements. They are not genuine quota. See Tax Bulletin 55 (Oct 01)
