Farming is more than just a business, it’s a way of life. It is also subject to its own special rules for income tax, capital gains tax and inheritance tax. As an independent firm based in the heart of Devon, we are well placed to meet the needs of farmers, contractors, and landowners.
In addition to our comprehensive range of compliance and business support services our specialist services to farms and agricultural businesses include:
- Farming allowances and reliefs
- Stock valuation
- Herd basis
- Farm profit averaging
- Investment or diversification
- Preparing budgets and financial projections
- Succession planning and exit strategies
- Implementation of appropriate record keeping and accounting software