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Autumn Budget Analysis: Find out how the budget will impact you

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By Rodger Hill

23rd November 2020

Woodlands Tax Relief and Maximising Incentives

As the focus on climate change increases, the financial and environmental benefits of woodland of all sizes will come into focus.

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Combine harvester unloading Wheat

By David Threlkeld

3rd September 2020

Tax relief on farm repairs and new equipment

David Threlkeld looks at tax relief on capital expenditure and refers to an interesting tax case concerning property repairs.

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Autumn Road with Year 2021 Year 2022 written

By Rodger Hill

22nd July 2020

Looking forward to protect your family and your finances

Planning ahead to protect your family and your finances is increasingly important, Steven Brown explains how tax advice can help

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Loan Application

By Mike Kienlen

3rd June 2020

Bounce Back Loan Scheme – Be aware of the pitfalls

Mike Kienlen highlights the pitfalls of the governments' Bounce Back Loans Scheme.

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Tractor on field

By Andrew Robinson

14th May 2020

The Agricultural Bill: A Threat to UK Farming Standards

Andrew Robinson, Head of Agriculture raises concern over the Agriculutral Bill and the threat to UK farming standards

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Tax Planning

By Becky Bowness

6th April 2020

Effective Tax Planning to help you through COVID-19

our team give you tax planning advice to avoid high tax bills and supoort your cash flow management

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Farm land with sheep

By David Threlkeld

23rd January 2020

What’s ahead for farm tax in 2020?

Upcoming tax changes announced for the year impacting farming businesses

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Farming in field with tractor

By Jonathan York

17th December 2019

VAT Pitfalls For Your Farming Business

When VAT was introduced in the 1970s it was described as a “simple tax”. For many farming businesses this may be the case, as all income is zero rated sales of crops and animals, which entitles all the VAT on related costs to be reclaimed.

However there are many instances where modern diversified businesses have VAT issues – either having to pay over VAT on some of their income or not being able to reclaim VAT on all their expenses.

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Future Proof Farming Event, Hexham

By Armstrong Watson

12th December 2019

Managing your Agricultural Business in a Changing Environment

Managing your Agricultural Business in a Changing Environment with guest speakers Robert Craig of Peepy Farm Northumberland and Adam Day, Managing Director of The Farmer Network.

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Farm building

By David Threlkeld

26th November 2019

Beware of these Inheritance Tax pitfalls

There are many cases where HM Revenue and Customs (HMRC) have argued that part of a farming business is chargeable to Inheritance Tax (IHT). It is dangerous to assume that 100% Agricultural Property Relief (APR) or Business Property Relief (BPR) will apply to every asset in a modern farming business.

The key here is to look at the differences between APR and BPR:

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