Welcome to the 2023 Land and Rural Review, our publication providing practical guidance and insight to support land and rural business owners through challenging and everchanging industry conditions.
Major economic challenges, such as the ongoing high inflationary environment have disrupted many industries in the last few years, including agriculture. In addition, due to climate change, extreme and unpredictable weather events across the UK have significantly impacted land and rural businesses.
With business resilience being severely tested, we’re here to support our farming and land owning clients in navigating the best options for them and their businesses.
We hope that this year’s articles are interesting, relevant, and useful.
Unlocking legacy development – for better lives and better places
Hugh Petter of ADAM Architecture covers the legacy approach to placemaking, and the role landowners play in the UK private residential sector. Read more.
Basis period reform and the impact on farmers and land-based businesses
We examine the latest basis period reform changes from HM Revenue & Customs (HMRC), highlighting the potential consequences and next steps for land-based businesses. Read more.
Making a success of succession
For top tips on succession, we discuss why it’s important to have a clear long-term plan in place for the next generation. Read more.
Multiple business entities and property or asset transfers
If you’re thinking of transferring property or assets from one business entity to another, here are the tax implications you should consider. Read more.
Wind farm electricity generation – new opportunities?
We outline wind farm options, negotiation opportunities for wind farm agreements, and future proofing arrangements for landowners. Read more.
SDLT – avoid nasty surprises
We explore the core elements of Stamp Duty Land Tax (SDLT) and the potential surprises to look out for. Read more.
Natural capital – insight and views from Knepp Estate
In an exclusive interview, Peter Harker, head of Saffery’s Natural Capital Group, and Molly Biddell, head of Natural Capital at Knepp, discuss the latest agri-environmental scheme space, its opportunities, and potential challenges. Read more.
For any queries on any of the issues raised, please get in touch with David Chismon, Head of our Land and Rural Group.