1,200 Single Payment applicants face cuts

MORE than 1,200 Single Payment Scheme applicants will be paid less than they claimed due to area discrepancies, of which more than 230 are discrepancies of more than 3% of the area — the threshold at which minor reductions become penalties.

All applicants will be paid at least 2% less than last year, due to modulation increasing from 5% last year to 7% this year.

Additional modulation of 4% will be applied to payments greater than €300,000. Previously, modulation was applied to the entire payment, and a refund was later issued to reflect the exemption from modulation on the first €5,000.