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 […]

Posted on July 13th, 2015 by

Agricultural Ties Removal – Continued Success

Farm succession

Carver Knowles success in removing “Agricultural ties” continues. Carver Knowles have successfully removed an Agricultural Occupancy Condition from a Worcestershire farmhouse, even though the property formed part of a working farm and was occupied by the farmer and his wife. The farmhouse formed part of a 160 acre mixed livestock and arable unit and Carver […]

Posted on July 10th, 2015 by

Countryside Stewardship Scheme Update

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 […]

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 […]

Posted on March 23rd, 2015 by

Countryside Productivity Scheme Open!

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 […]

Posted on March 9th, 2015 by

New Basic Payment Scheme is open for registration

Following further updates  the online system for BPS registrations is back up and running. The RPA are drip feeding invitations out to farmers through agents, the NFU, the TFA and the CLA to prevent over subscription and the system crashing (in a similar fashion to the tax disc launch!). All farmers wishing to claim single farm […]

Posted on February 18th, 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 […]

Posted on February 16th, 2015 by

Farm diversification ideas – racehorse training yard

Stables are subject to business rates

Carver Knowles have acted on behalf of a local dairy farmer to seek planning consent for the change of use of some redundant dairy buildings into a modern racing yard, complete with warm up arena and all weather gallops. This diversification project will provide a stable income (if you excuse the pun) and a better […]

Posted on January 15th, 2015 by

NFU conference 2015 – ‘Could we survive without Europe?’

NFU

You are invited to the annual Pershore and Upton upon Severn branch of the NFU conference which aims to provoke a debate on the question of Europe. Thursday 22nd January 2015 at 7:30pmThe Frank Parkinson CentrePershore CollegePershoreWR10 3JP Could we contemplate where we would be without it and the support that our competitors would continue to enjoy […]

Posted on December 23rd, 2014 by

BPS update

fields and land

With the autumn drilling season over, many farmers will have already worked through the mind-boggling array of regulations regarding what, how much and when to drill, in order to comply with the 2015 Basic Payment Scheme Greening regulations. The Carver Knowles team has assisted a number of clients plan their cropping and EFA requirements this […]

Posted on December 22nd, 2014 by