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By Jonathan York

9th July 2024

Uncertainty around tax treatment in relation to Biodiversity Net Gain

We hear a lot about Biodiversity Net Gain (BNG) but what is it and what might you need to be aware of?

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By Keith Johnston

8th July 2024

Planning ahead when gifting land can bring tax benefits to landowners

It has been said many times that planning ahead is necessary to prevent unwanted tax liabilities arising, and this is especially true when it comes to gifting land, particularly if there is a change of use.

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By Graham Poles

5th July 2024

A new government: family wealth and Inheritance Tax (IHT)

Inheritance tax is one area that the new government may look to make changes. Graham Poles, Personal Tax Partner, considers what those changes may be.

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By Graham Poles

5th July 2024

A new government: succession and speculation over changes to CGT

One of the rumoured areas for change is to Capital Gains tax, here we look at how this might impact succession planning.

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By David Threlkeld

13th June 2024

Will Furnished Holiday Letting tax reliefs be abolished or not?

Holiday let owners braced for increased tax bills now face a period of uncertainty about when - and if – the favourable Furnished Holiday Letting regime will be axed.

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By Karen Thomson

23rd May 2024

Seasonal workers and zero-hours contracts holiday pay changes: is your business prepared?

Changes to simplify holiday entitlement and holiday pay calculations have been introduced  to protect part-year workers, and those working irregular hours or on zero-hours contracts. This is particularly relevant to those in hospitality leisure and tourism, agriculture and the charity sector.

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By Andrew Robinson

7th May 2024

Family Business Report 2024: Farmers concerned about inflation and cashflow feel under pressure to adapt

This was one of the key findings from Armstrong Watson's latest survey, which also asked the agricultural sector about challenges impacting growth, how they are adapting to the evolving digital world, and about their plans for succession. 

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By Andrew Robinson

3rd May 2024

What does the change in basis period mean for me and my farming business?

New legislation that affects how sole traders and partnerships are taxed came into play on 6 April 2024. It means that businesses will be taxed on profits generated in a fiscal year and not those aligned to the business’s accounting year-end.

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By David Threlkeld

28th March 2024

Impact of Spring Budget announcements for farmers

The 2024 Spring Budget introduced some changes that will significantly impact farm businesses, especially those that have ventured into the realm of furnished holiday lets.

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By Dan Cozens

29th February 2024

Tax relief on farm vehicles for farming partnerships and sole traders

Following the Government’s recent U-turn on the tax treatment of Double Cab Pick Ups (DCPU), it’s worth reminding ourselves of the tax relief available on vehicles in a farming business.

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