Law firm finance teams will often talk about the challenges that an audit brings but there are steps that can be taken to make the process as efficient as possible.
As farm businesses look towards a future without the Basic Payment Scheme (BPS) coupled with the volatility of the industry, it is important that you have a plan to ensure you can adapt to these challenges.
Digital technology is crucial for businesses to succeed, however many are struggling to adapt to the digital world, which can cost money. Here, Andrew Hemmingway, looks at how you and your business can survive and thrive in the digital age...
Succession planning is a vital process for any agricultural business to ensure the business continues to be successful for the younger generation, whilst allowing the current owners the ability to step back. But when should you be starting to think about putting a plan in place?
Armstrong Watson has announced a new partnership with the Cumbria Football Academy, a select academy that provides high-quality training and coaching for young footballers in the region.
While there was little of specific interest for agriculture in the recent Autumn Statement, there were some announcements in the Chancellor’s raft of new measures that may impact farm businesses. In other areas – notably Inheritance Tax - (IHT) announcements that were speculated did not materialise.
The main headline from the Autumn Statement was the announcement that the Government will reduce National Insurance Contributions for both the employed and self-employed.
In his 2023 Autumn Statement, the Chancellor wanted to convey the message that steps he had taken in the past were now allowing him to reduce the tax burden on businesses and individuals.
In the previous months, there was much comment from the Government that it was too soon to focus on tax cuts given their promise to halve inflation. However, in recent weeks the speculation grew that tax cuts would be considered and even that Inheritance Tax (IHT) may be abolished.