Why improve the farm business balance sheet?

  As AMC Agents we often wonder why the property valuation in the balance sheet is so out of date and generally very low.  Historically the reason has come down to the cost of constantly updating it as land values have increased year on year. However now that we are seeing more stable property prices… Read More

Posted on September 25th, 2017 by

How to…. Start a farm succession plan

Farm succession

Land Agent’s, solicitors and accountants are all guilty of highlighting the importance of succession planning by regaling horror stories and anecdotes of what can happen if it all goes wrong. Less frequently do we outline the starting points for a successful succession plan and the documents that are useful and the key areas that need… Read More

Posted on January 6th, 2017 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

How to reduce Capital Gains Tax on farmland: Entrepreneurs Relief

Worcestershire and Gloucestershire farmland achieves sale prices well over guide.

Whilst definitely not being tax experts, we are frequently asked by farmers and landowners where to start with Capital Gain Tax when selling property. Capital gains tax (CGT) is paid on gains arising from the growth in value of property. Typically tax is paid on the difference between the base value (either when it was… Read More

Posted on December 22nd, 2014 by