A Taxing Issue
As some of you might have seen in the agricultural press, HMRC is ramping up investigations into agricultural property relief (APR) with reported inspections increasing by nearly 30% in the year to March 31, 2022.
As some of you might have seen in the agricultural press, HMRC is ramping up investigations into agricultural property relief (APR) with reported inspections increasing by nearly 30% in the year to March 31, 2022.
Autumn Statement 2022 – how did farming get on and what will be the impact on food production across the UK?
Succession Planning – To help facilitate this challenging but vital conversation, we have produced our summary of what succession planning involves, to help guide farming families through the process.
UK businesses struggling with economic uncertainty may have been thrown a lifeline with the extension of the Recovery Loan Scheme.
Farmers whose business operates as a limited company have just eight months remaining to take advantage of the ‘super capital allowance’ that provides 130% tax relief on major purchases of plant and machinery.
What are the main challenges facing the industry, and what is likely to be the outcome?