#11. The Payroll Podcast Special - Effective Planning for Farming Diversification |
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Brought to you by Nick Day of JGA Recruitment, host of The Payroll Podcast, comes this one-off Rural Tax & Accounting Podcast Special. Featuring Catherine Vickery (CTA) – Rural Services, Tax and Mark Seager (FCCA) – Rural Services from Old Mill Accountants and Financial Planners, we discuss effective rural tax and accounting planning in relation to farming diversification projects.
With many farmers having to think laterally to survive and with farm diversification becoming increasingly commonplace I am excited to find out more about some of the challenges they face. In fact, more than half of England’s 57,000 farms have diversified in some form or another according to new figures released by Defra. Of course, diversification can also bring with it opportunities – particularly through additional revenues! However, these can come with various tax consequences and so it is important that landowners and farmers are made aware of the possible tax implications that may arise. Farming often brings unique tax reliefs and the tax rules within the sector are complex and constantly changing, and diversification makes that no easier. If you need help recruiting Payroll & HR staff for your business, please contact Nick Day at JGA Recruitment Group on: Telephone: 01727 800 377 Email: nick@jgarecruitment.com Website: www.jgarecruitment.com |