Agriculture

The farming industry encompasses a wide range of farming businesses. We deal with a wide range of businesses within the agriculture industry from the smallest livestock farmers to agricultural contractors to large arable farms.

Our team of specialist accountants have farming backgrounds so not only do we understand accounts but we understand farming. We are therefore well able to advise you on the issues affecting your business such as:

  • cash flow and financial management
  • VAT including cross border VAT issues
  • averaging profits
  • treatment of expenditure on farm equipment and buildings
  • funding, grants, loans and subsidy assistance

Capital taxes have long been a concern to farmers, our team can advise on inheritance tax reliefs and capital gains tax on land and single farm payment, ensuring that you preserve as much of your wealth within your family.

We can help you plan for farm diversification and expansion, assisting with business plans and providing tax and VAT advice to maximise the benefits to you.

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