Countryside Stewardship Scheme – The Devil is in the Detail

Following on from the launch of the Countryside Stewardship Scheme (CSS) last month we are now able to see how the application process works in terms of physical paperwork and also get to grips with some of the lesser known compulsory scheme requirements. On the face of it, the Mid-Tier application paperwork is very similar… Read More

Posted on August 13th, 2015 by

Inheritance Tax Relief for Farmers

Andrew Troughton, Director of Carver Knowles considers how the Budget announced by the Chancellor of the Exchequer on 8th July, may affect farmers and landowners. One of the main points revealed in the budget were the changes to Inheritance Tax.   The measures announced will introduce an additional nil-rate band when a residence is passed on… Read More

Posted on July 13th, 2015 by

Countryside Stewardship Scheme Update

Preserve your farm business in uncertain times

The new Countryside Stewardship Scheme (CSS) is about to be formally launched by Natural England (NE) with applications invited for the Mid and Higher Tiers between the 1st July and 30th September with agreements starting from 1st January 2016. The scheme boosts some 130 management options and 110 capital items to chose from many of which… Read More

Posted on June 23rd, 2015 by

BASIC PAYMENT SCHEME (BPS) UPDATE

Following the announcement that the Basic Payment Scheme (BPS) will now be done using paper forms rather than the Rural Payments System and that the deadline is now the 15th June, we now have a different timeline of actions that need to be taken. We have summarised the key issues and when they need to be… Read More

Posted on March 23rd, 2015 by

Countryside Productivity Scheme Open!

Farm finance

The new £5m Countryside Productivity Scheme was launched on the 9th March 2015.   The scheme offers funding for up to 40% of the capital costs of a variety of equipment and applications must be for between £2,500 – £35,000 (Small Grant) or £35,000 – £100,000 (Large Grant) of grant funding depending on the equipment… Read More

Posted on March 9th, 2015 by

Environmental Grants Update

Whilst the main Countryside Stewardship Scheme will not begin until 1st January 2016, some more targeted grants are currently in the process of being released. Applications are now invited for the following: Woodland Capital Grants – Application Window: NOW until 30th June Applications are currently invited for: Woodland Creation Woodland Management Plans (in preparation for other… Read More

Posted on February 26th, 2015 by

Have farmland values reached their peak?

Worcestershire and Gloucestershire farmland achieves sale prices well over guide.

Over the last couple of years you will have seen headlines in the press saying that farmland is a better investment than gold. Returns on land have been excellent, with prices rising by a further 12% last year, as outlined by the RICS Farmland Market Survey. Questions are being asked about how long it can be… Read More

Posted on February 16th, 2015 by

Now is the right time to assess cash needs and consider restructuring debt

Farm finance

The beginning of the year is typically the time when farmers take stock of their finances – often in readiness for the annual bank manager review. Given the generally poor outlook for farm-gate prices especially in sectors such as potatoes and dairy, the task this year may not be one to be relished. However, finding… Read More

Posted on February 12th, 2015 by

Act now on farm rent reviews

With the 25th March now less than 2 months away it is worth thinking about whether to serve a notice to review your farm rent. Likewise some landlords served notices in March 2014 hoping for rent increases, so with these rents needing to be agreed by the 25th March action should be taken now. Agricultural… Read More

Posted on February 4th, 2015 by

Farm loans – A guide to securing a loan against a farm.

Farm finance

This blog introduces the main criteria to consider when borrowing against a farm and helps you understand want lenders are looking for and how to put stronger loan applications together. This should help ensure that proposals stand out and have a better chance of being approved. There are 2 key elements: Security The more simple part is… Read More

Posted on January 30th, 2015 by