Don’t let staycations become too taxing
Staycations – we look at the main issues surrounding holiday lets for farmers
The Spring Statement – A damp squib for the countryside?
The Spring Statement – what exactly did the Chancellor deliver on March 23rd this year?
How changes to red diesel regulations are impacting farming
Red diesel regulations – a change in law has placed significant restrictions on which vehicles could continue to use red diesel.
Government announces plan to help farmers with rising input costs
Basic payment Scheme (BPS) – new measure to help farmers firm up their cash flow as input costs continue to spiral to unprecedented levels.
Rollover Relief and Farmland
Rollover relief allows a business or individual to defer the capital gains tax on the disposal of an asset where the proceeds of that disposal are reinvested into a new business asset.
All VAT registered Farm Businesses Must Adopt MTD for April
All VAT registered farm businesses must adopt the government’s Making Tax Digital (MTD) for VAT agenda from April this year, regardless of annual turnover.