Good News For Farmhouses In Flood-Risk Areas

Good News For Farmhouses In Flood-Risk Areas

Some farmers in high-risk flood areas may be able to insure their farmhouses under the new Flood Re scheme. The scheme has been set up jointly by the Government and the insurance sector to help those whose homes are at greater risk of flood damage. Homeowners will be...
The Increasing Importance of Farm Security

The Increasing Importance of Farm Security

There’s never been a more important time for farmers to review their farm security as well as their insurance cover.  NFU Mutual have recently announced that rural crime in the UK rose by over 5% in 2013, costing the country as a whole around £44.5 million.   The most...
Accounting For Insurance Payouts

Accounting For Insurance Payouts

No matter what type of business you run, you will have assets. Farm businesses may have stock, land, crops, machinery, a farmhouse. It is prudent to insure these assets to be confident that you that you are fully covered in the event of an unfortunate incident. Given...
Taking In A lodger: Rent-a-Room Allowance

Taking In A lodger: Rent-a-Room Allowance

Are you considering renting furnished accommodation in your home?  If so,  you can claim an exemption from tax under the Rent-a-Room scheme if the gross amount of income from your tenant is less than £4,250 per year. To qualify you must be resident at the property in...

Insurance Risks for Small Businesses

Small businesses must take every step possible to reduce risk. A mistake, a forgotten step, or even a defective product can have serious financial consequences to a business and its future. The cost of litigation is incredible, even in small instances. What can a...