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 Andrew Troughton
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 Andrew Troughton
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 Mike Cluley
It has been a year of uncertainty and frustration for farmers, planners and agents alike, as all tried to steer a course through the new Permitted Development Rights legislation that allowed the conversion of qualifying barns into dwellings. Written legislation was very brief and differed from consultation documents, making life difficult for developers and decision […]
Posted on April 21st, 2015 by Andrew Troughton
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 Mike Cluley
Every property owner in the UK will require a valuation of their assets from time to time for a variety of reasons, not just when they are thinking about selling. Property valuations are a huge part of the work we undertake and form a major part of our training and qualifications, therefore it is always […]
Posted on March 17th, 2015 by Andrew Troughton
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 Mike Cluley
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 […]
Posted on February 26th, 2015 by Mike Cluley
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 Andrew Troughton
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 Mike Cluley