Farming Accountants

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Food and farming to be transformed by open data

Vast data reserves from Defra are set to transform the world of food and farming in the single biggest government data giveaway the UK has ever seen, Environment Secretary Elizabeth Truss announced yesterday. Outlining her vision for the future of British food, farming and the natural environment, the Environment Secretary said that over the next […]

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Posted in: Farmers, Open data

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Contract farming or in-house?

Contract farming is a relatively new concept and has grown significantly in popularity in the last decade or so. Contract farming provides opportunities for farmers to develop their businesses in fresh and innovative ways as well as giving access to specialist skills, which can make it a highly attractive option. That said, it doesn’t always […]

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Posted in: Business planning, Contract farming, Farmers

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Family farming businesses – happily ever Archer?

Accountants and solicitors have for a long time trumpeted the importance of business agreements which govern how the owners interact with each other. Ensuring that they have been professionally drafted was brought into focus on the Archers this week. Any one who has been following the Radio 4 soap opera of farming folk will have […]

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Posted in: Business planning, Family Business, Farmers, Rural business

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Tax spotlight: farming partnerships

The last 30 years or so have seen a huge move towards small businesses being carried on through limited companies, but farming continues to be largely undertaken through the medium of a partnership. Partnerships continue to be governed by the 1890 Partnership Act which, whilst it may seem somewhat antiquated, has actually stood the test […]

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Posted in: Business planning, LLP, Partnership

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