Get inventive and take control of tax
The agricultural sector has stepped up to the plate when it comes to innovation. But many farming and agri-businesses are missing out on a big opportunity to claim tax relief. (more…)
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…)
Farmers shouldn’t feel guilty for retiring, says Old Mill
Farmers have a great opportunity to retire following Defra’s announcement of the Lump Sum Exit Scheme and shouldn’t feel guilty for doing so. (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…)