Budget, Farming, Tax
‘Bold and unprecedented’. That was the Chancellor’s description of the new 130% super-deduction for expenditure on new qualifying plant and machinery announced in the Budget. The headlines announced that for every pound invested; tax is cut by up to 25p. But what are...Budget, Farming
We are delighted to summarise the key announcements in the Budget 2021 statement, made on Wednesday, 3 March. Among the key changes to note for this year are: The main rate of corporation tax will be increased to 25% from April 2023 for companies...
Budget, HMRC, Tax
We are delighted that lobbying on the proposed extension of Farmers’ Averaging Elections from 2 years to 5 years has paid dividends. It was announced in the budget that farmers will have the option of either 2 year or 5 year averaging. We were very worried that the... This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT Privacy & Cookies Policy