BIM55136 - Farming: Single Payment Scheme: BEN19 (now IR232 helpsheet)

Following representations it has been decided not to revoke the March 1993 agreement between HMRC and the various farming representative bodies (see BIM55410), but to monitor its relevance. However, it is worth noting that the SP, with the exception of the Scottish Beef Calf Scheme (SBCS) is not linked to any particular crop, product or expense and should not be taken into account in any calculation of the cost of stock. The SBCS element should be accounted for in accordance with BIM55430.