The view from the Chair
Is it ALL doom and gloom in the farming industry?
The latest articles for Farming & Rural Business Community members.
Is it ALL doom and gloom in the farming industry?
An introduction to Environmental, Social, and Governance in the sector.
All the latest announcements you should be aware of.
Why it could be the right time to invest in solar.
With the general move towards ‘greener’ farming following on from the Health and Harmony consultation and the Agriculture Act, some concerns have been raised as to whether land which is put into long term schemes that are fundamentally environmental rather than agricultural will still be eligible for the existing Inheritance Tax reliefs.
What you need to know now that the latest consultation has ended.
Historically, the government’s annual tax and spending plans were announced in a spring budget, with any of the changes taking almost immediate effect. More recently, the position has become rather more protracted, with spring announcements which may take effect years into the future and a further mini budget in the autumn. In 2021, the position was made even less transparent with a ‘Tax Day’ shortly after the budget to announce various plans and consultations, then on 3 November a further ‘Tax Administration and Maintenance (TAM) Day’ to report back on those consultations.
David Missen reviews Charlie Flindt's latest book.
A recent case has highlighted the need for VAT registered businesses to be operating on sound and commercial terms for input VAT to be reclaimable. In particular this case focused on an agricultural activity which was being operated through a company, separately to the owners’ other activities.
Discusses a few points around planning for capital allowance when working in practice