To help farmers plan for the future, two firms have combined to offer free business updates next month, supplying some of the the best tax and business advice for the sector.
The aim of the events, organised jointly by chartered accountnts Duncan & Toplis and property and business consultants Brown and Co, is to offer guidance for the agricultural sector after one of the worst harvests on record.
One of the speakers, Andy Severn, head of tax at Duncan and Toplis, who have an office in Grantham, commented: “Arable farmers have enjoyed two years of good profits, but the next two years may so be so profitable. Now could be a good time for farmers to think about restructuring the family business.
“There are a whole host of different arrangements that can be put in place to do this. Renting, contract farming and joint venture agreements are all becoming popular in the sector. Retaining ownership of the farm actually helps with Inheritance Tax planning.”
The gatherings will bring together some of the most knowledgeable people in the industry – including NFU President Peter Kendall – who will provide an insight into the challenges 2013 will bring and how farmers can prepare for them.
Speakers include market analyst and consultant Benjamin Bodart, Brown & Co property and business consultants Martin Herbert, Paul White and Paul Waberski, and Castlegate Financial Management wealth manager Sam Gibson.
Both events will take place on Thursday, February 7. The first is at Greetham Valley Hotel, Golf and Conference Centre near Oakham from 9am until 12.15pm, while the second is at the Petwood Hotel in Woodhall Spa from 3.30pm until 6.45pm. Buffets will be provided at each.
To book your place at one of these events, e-mail: firstname.lastname@example.org or email@example.com