Agriculture Business
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For many farming families, lifetime gifting can effectively reduce future inheritance tax (IHT) liabilities and support the next generation. However, gifting land, partnership interests or farm buildings is rarely as...
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Changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) from 6 April 2026 mean that valuations are likely to play a much greater role when calculating inheritance tax...
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In the ten years or so following the introduction of the Class Q Permitted Development Prior Approval route for converting redundant farm buildings into dwellings, more than 21,500 Class Q...
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Farming has never stood still. There simply isn’t time for that. From mechanisation to drones and Precision Agriculture, the sector has a long history of embracing innovation to improve efficiency...
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Jeanette Dennis, Partner in our Agriculture team, has recently contributed to an article in Farmer’s Weekly discussing structural changes to farming businesses. You can read the full article here: Why...
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We don’t know what the Budget will hold at the time of writing this article, but it is worth drawing your attention to the fact that, from Budget 2024, we...
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Farmers are increasingly deciding to sell their farms for a variety of reasons. They may wish to retire, and their children do not necessarily wish to follow on in the...
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The basic premise of a partnership is two or more people trading in business together to make a profit. It is a relatively simple concept that has existed for centuries....
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