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Tax Implications of Farm Diversification

Farmers are increasingly seeking ways to stabilise their farm income and ensure the sustainability of their agricultural businesses. Farm diverification is one strategy farmers are using to achieve this. Diversifying a farming business involves branching out into new...

Succession Planning for Farms

Have you thought about succession and the long-term plans for your family farm? As agriculture makes up the highest concentration of family businesses passed through the generations, it is no surprise that succession is a key issue and is something farmers need to...

Farming Transformation Fund

The government has launched an infrastructure grant scheme worth £10 million to fund cattle housing for farmers. This fund aims to improve calf health and welfare as well as enhancing environmental sustainability and innovation. The funding will be granted to farmers...

Defra to allow farm buyers to claim delinked payments
Defra to allow farm buyers to claim delinked payments

Defra has published updated guidance regarding farms that have recently been sold.   New Defra guidance From 2024 Basic Payment Scheme payments will be delinked which means that new farm owners will not need to apply for BPS, instead this will be calculated based...

New rules regarding Biodiversity Net Gains
New rules regarding Biodiversity Net Gains

New rules regarding biodiversity net gains have been announced by the Department for Environment, Farming and Rural Affairs (Defra). The main announcement is regarding a mandatory uplift of a 10% minimum biodiversity net gain (BNG). It is believed that this will be...

Challenges for farmers in 2023

Introduction Going into 2023, the outlook is much less optimistic for farmers. However, the annual Sentiment Survey, conducted in October/November demonstrated that most farmers were in reasonable financial shape.   Arable farmers Arable farmers were in...

Agriculture and Horticulture Productivity Fund
Agriculture and Horticulture Productivity Fund

The department for Environment Food & Rural Affairs (Defra) has recently announced £12.5 million in grant funding to businesses in the agriculture and horticulture sectors to help improve automation and robotics to boost productivity. Defra, in partnership with UK...

Tax Implications of Farm Diversification

Farmers are increasingly seeking ways to stabilise their farm income and ensure the sustainability of their agricultural businesses. Farm diverification is one strategy farmers are using to achieve this. Diversifying a farming business involves branching out into new...

Succession Planning for Farms

Have you thought about succession and the long-term plans for your family farm? As agriculture makes up the highest concentration of family businesses passed through the generations, it is no surprise that succession is a key issue and is something farmers need to...