Welcome to our Winter edition of Agriculture and Farming
As we kick off the new year, I find myself reflecting on the ever-evolving landscape of UK farming. The challenges and opportunities facing our community have never been more profound. I am pleased to introduce the winter edition of our Agriculture and Farming newsletter.
I n the first article, our Head of Agriculture, Nick Banks, shares his insights on the past year and looks forward to what lies ahead. Nick’s expertise and vision provide a valuable perspective on the agricultural sector, offering guidance on how to navigate the uncertainties and seize the opportunities that 2024 will undoubtedly present. Next on our agenda is the “How to Thrive, Not Just Survive: Farming Conference,” scheduled for February. This event promises to be an invaluable resource for everyone in the farming community. It will bring together experts, farmers, and industry leaders to discuss the latest trends, share experiences, and explore innovative strategies for success. Find out more about the event on page 6.
On page 8, Daniel May, VAT Manager, delves into the intricate world of VAT agriculture and partial exemption. Understanding the nuances of VAT in farming can have a significant impact on your financial well-being, and Daniel’s article provides essential insights into optimising your tax situation. Finally, Graham Doubtfire, Private Client Tax Partner, explores the critical topic of succession planning for family farms. Securing your family farm’s future is not only a matter of financial security but also a matter of preserving the legacy you’ve worked so hard to build. Graham discusses how trusts can play a pivotal role in this process.
Jack Deal Business Advisory Partner
Please reach out to us with any questions, concerns, or topics you’d like to explore further.
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