Agribusiness

Our specialists offer advice and solutions on the issues affecting agribusinesses, their owners and their families.

Given environmental and technological changes, plus the evolving legislative landscape, agribusinesses face numerous challenges, and so getting the best professional advice is essential. We help our agribusiness clients to adapt and thrive.

From providing annual accountancy and taxation compliance to longer-term financial forecasting and planning, our specialist team delivers strategic tax advice with a view to adding real value for clients.

How our experts can help you

Asset purchase and financing negotiations, profitability fluctuations and expansion are issues that will affect agribusinesses of all sizes. Considering the tax implications of individual scenarios and proactively assisting in planning for both the short and longer-term is an aspect of our day-to-day work that provides invaluable support for our clients.

We can help agribusinesses with:

• Preparing forecasts, budgets and financial models to help with business and financing decisions, including advising on capital allowances and other tax reliefs;
• Tax efficient structures for businesses, including diversification projects;
• Farmers averaging and income tax loss relief claims;
• VAT advice, including partial exemption, opting to tax and development projects;
• Planning for succession, including advising on the availability of Agricultural Property Relief (APR) and Business Property Relief (BPR);
• Capital gains tax planning, including Business Asset Disposal relief (formerly known as Entrepreneur’s Relief)
• Livestock ‘herd basis’ tax elections; and
• Business planning and cash flow models.

Our network of contacts in the sector, including the Country Land and Business Association (CLA) and Scottish Land & Estates (SL&E), means we are kept up-to-date with important issues and are able to give clients an inside track on the development and implementation of forthcoming legislation and its potential impact on their business.

For more information on how we can help you or your business, please contact one of our experts.