Agri-Business
FFA: Tax change will ‘wipe out’ succession planning for NI farmers
Changes to Agricultural Property Relief (APR) announced as part of in the UK Chancellor’s Autumn Budget this week could “wipe...
Tax
Agri Politics
Budget 'forces difficult decisions' upon farmers
A leading UK tax expert warns that the UK’s Autumn Budget spells a pronounced problem for the nation’s farmers, who...
Rural Life
Could the rural economy one day pay the salaries of up to 500,000 NHS nurses?
A new report suggests that with the “right policy framework” in place the rural economy could deliver billions in tax...
Agri-Business
HMRC issues £2m in tax fines to the farming and fishing industry
HMRC has confirmed that businesses in the agricultural industry with fishing and farming sector have been fined a total of...
Agri-Business
Abolition of furnished holiday lettings tax regime will punish local economies - CLA
The abolition of the furnished holiday lettings (FHL) tax regime will punish local economies, according to the Country Land and...
Agri Politics
'Continued speculation' as to how Labour policies will affect rural sector - Saffrey
Saffrey has said there is bound to be “continued speculation” as to what a fully up and running Labour government...
Agri-Business
NSA: Tenants 'under pressure' as landowners reclaim land
The National Sheep Association (NSA) stated that traditional farming practices “could be threatened” as large landowners look to reclaim farmland...
Government
Spring budget: Government extends scope of Agricultural Property Relief
As part of the 2024 spring budget, the UK government has announced an extension to the existing scope of Agricultural...
Agri-Business
Double-cab pickups taxed as cars to bring 'significant implications' for farmers
A tax ruling following a dispute between Coca-Cola and HM Revenue & Customs (HMRC) has seen the classification of double-cab...
Agri-Business
CLA calls for permanent reduction in VAT to boost rural tourism
The Country Land and Business Association (CLA) is calling for a permanent reduction in VAT to 12.5% for accommodation and...
N.Ireland
Rise in minimum wage will increase cost for farmers – UFU
A rise in the minimum wage will increase the cost for farmers. Ulster Farmers’ Union (UFU) president, David Brown, has...
Agri-Business
Large baling contractors at risk of HMRC fines due to plastic packaging tax
Large baling contractors are being warned of the risk of fines from HM Revenue & Customs (HMRC), due to non-payment...
Agri-Business
Budget pension changes will help farmers plan for succession - NFU Mutual
NFU Mutual has welcomed the spring budget’s pension changes as it said it will help farmers plan for succession. Chancellor...
Agri-Business
Spring budget: NFU Mutual calls for tax threshold changes
NFU Mutual is urging Chancellor of the Exchequer, Jeremy Hunt, to help farming families by thawing frozen tax thresholds ahead...
N.Ireland
Farmers in NI advised to ‘risk manage’ fertiliser purchases for 2023
Farmers who want to “risk manage” fertiliser purchases should consider buying half their fertiliser requirements for 2023 in advance, according...
N.Ireland
What are the tax benefits of electric vehicles for farmers in NI?
A Co. Tyrone accountant has highlighted the specific and growing tax benefits of electric vehicles for farmers. According to Omagh-based,...
N.Ireland
Farming in NI is about to enter a period of high taxation
Farming in Northern Ireland (NI) is about to enter a period of high taxation, in relative terms, according to Omagh-based...
Agri-Business
Could these 5 tax tips improve your farm finances?
Farmers should review their business structure and discuss tax planning at least once a year to ensure they are making...
