Farms and Rural Business

Bruce Masson, Partner in our Farms & Rural Business team, looks at the changes to inheritance tax that were outlined in the Budget statement, and highlights what this will mean to those with farming businesses.

Our Farms and Rural Business team dive into the Basis Period Reform and pull out what this might mean for those in the farming sector.

We discuss what you should bear in mind about overlapping taxes when an agricultural holding comes up for sale or passes under an inheritance.

Farms and Rural Business Manager, Andrew Whiting, discusses the end of the BPS scheme and how to make a claim against this loss, with HMRC.

Partner, Laurie Hill, reminds those with on-site sources of renewable energy to act soon if they want to claim Renewable Energy Guarantee of Origin (REGO) certificates.

Bruce Masson discusses the Government’s response on the consultation and its call for evidence taxation.

We explain some of the possible tax implications of common farm diversification methods.

If farmers collaborate, such as sharing land, or reduce their activity as they grow older, is their farmhouse eligible for Agricultural Property Relief (APR)? A recent farmhouse case may provide the answer.

There’s a common misconception that where land has the prospect of planning gain, some or all of that gain may be sheltered by a transfer to a third party, even towards the end of the process. 

Farms and Rural Business partner, Bruce Masson, looks at how farmers and land managers can benefit from the Future Farming Resilience Fund support programme.