Taxation planning

Just as with any business, every decision and transaction made by farming and rural businesses will have tax implications.

The dedicated tax advisors at Nicholsons have many years’ experience of working with a wide variety of businesses in the agricultural sector, and can advise on the most tax-effective route to take.

This includes making the most of the reliefs available to minimise your inheritance tax liabilities, as well as how to make the best use of capital allowances when diversifying  your business and on the purchase of plant and machinery for the farm.

We can also advise on the purchase, sale and development of property and land, ensuring each transaction is carried out as tax-efficiently as possible.

For more information on how our specialists can minimise your tax liabilities, please contact us.

Latest News
29
Dec
More than 1,000 basic payments remain outstanding following Rural Payments Agency delays

Basic Payment Scheme (BPS) claims dating back to 2015 have still not been paid by the Rural …
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28
Nov
Post-Brexit public contracts may benefit farmers

The government is considering whether to direct farm payments towards individual projects that …
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