Rollover Relief and Farmland
Rollover relief allows a business or individual to defer the capital gains tax on the disposal of an asset where the proceeds of that disposal are reinvested into a new business asset.
All VAT registered Farm Businesses Must Adopt MTD for April
All VAT registered farm businesses must adopt the government’s Making Tax Digital (MTD) for VAT agenda from April this year, regardless of annual turnover.
Agricultural Property Relief Explained – All You Need to Know!
For most farmers, there is no better tool to reduce Inheritance Tax (IHT) than Agricultural Property Relief (APR).
DEFRA’s Lump Sum Exit Scheme ‘Not Enough to Make a Difference’
Much has been made in the media about DEFRA’s lump sum exit scheme which proposes to pay older farmers to retire.
Cashing in on the Staycation Boom!
Many farmers will be looking for more permanent ways to cash in on the staycation boom.
