Watch out for land development tax, advises Old Mill
Selling development land can yield valuable extra income and might sound straightforward, but there are significant tax implications to watch out for. (more…)
Providing for non-farming children
Passing assets on to non-farming children may seem complicated but there are options to do so while keeping the farm intact. (more…)
Time investments right to capitalise on Spring Budget
Agricultural businesses need to carefully consider their investment options after the Spring Budget introduced several significant tax changes, says rural accountant Old Mill. (more…)
Budget opens prime opportunities to invest, says Old Mill
Agricultural businesses have a prime opportunity to invest in the coming two years under new super deduction and loss relief schemes announced in the Spring Budget. (more…)
Forward plan finances for 2021
Planning financial obligations for the year ahead can ease cash flow and help farmers with their budgeting, according to rural accountant Old Mill. (more…)
Future-proofing rural businesses
Farmers are experiencing a period of drastic change but being prepared and planning ahead will help to future-proof their businesses. In addition to the pressures created by Covid-19, farmers and…