Business Terms and Jargon Explained

What is Rural Payments Agency

Tax Definition:-

Rural Payments Agency - agency with responsibility for issuing agricultural licences, collecting Common Agricultural Policy (CAP) charges and paying CAP refunds. The Rural Payments Agency (RPA) was previously known as the Intervention Board Executive Agency (IBEA), the Intervention Board for Agricultural Products (IBAP) or simply as the Intervention Board (IB).

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Term created / updated 2006-12-15 00:08:12

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