Agriculture and Horticulture
Sector aware advice for farming, horticulture and food supply businesses.
Specialist Sectors
Sector aware accounting for farming and rural enterprise
Sector aware advice for farming, horticulture and food supply businesses.
From farm payment schemes and stock valuations to complex land structures and multi generational succession planning, agricultural businesses need advisers who understand the sector as well as the numbers. We provide compliance, tax planning, and advisory support grounded in practical knowledge of rural business.
- Farm accounts, management information, and year end compliance.
- Diversification, land development, and tax structure advice.
- Succession and estate planning for farming families and landowners.
Our approach
How we deliver agriculture and horticulture
Business and estate overview
We start with a broad review of the farming or rural business structure ownership, tenancy, enterprise mix, family members involved and the medium term objectives including any succession plans being considered.
Annual compliance and planning
We prepare the annual accounts and tax returns, review the current year tax position for planning opportunities and ensure the key reliefs APR, BPR, capital allowances are being used correctly and maintained.
Succession and strategic planning
Where succession is part of the conversation, we work through the options for passing the farm or rural enterprise to the next generation in a way that is tax efficient, legally sound and reflects the family's wishes.
Who this is for
Businesses and individuals that need
01
Multi generation farming families
Where the farm has passed through the family and the current generation is beginning to think about how to pass it to the next, managing the tax consequences alongside the family dynamics.
02
Diversifying rural estates
Estates moving beyond traditional farming into holiday accommodation, equestrian businesses, renewable energy and commercial lettings, needing advice on how diversification affects APR, VAT and income tax.
03
Agricultural tenants and contract farmers
Farmers working land under tenancy or contract farming arrangements who need accounts and tax advice that reflects the specific structure of their operation.
Client feedback
“The succession plan they put in place has protected the farm from IHT while giving both generations a clear picture of how the transition will work. That level of planning was worth every penny.”
Client review Farming family, West Sussex
Common questions
Frequently asked questions
Does diversification affect Agricultural Property Relief?
Yes, it can. Where part of a farm is used for non agricultural activities holiday lets, commercial storage, equestrian businesses, renewable energy the proportion of the property used for those activities may not qualify for APR. In some cases, Business Property Relief may apply as an alternative. We review the position before diversification occurs to understand the impact.
How does contract farming work for tax purposes?
In a contract farming arrangement, the landowner retains ownership of the farm and enters into a contract with a farmer who provides the labour and machinery in exchange for a management charge plus a profit share. Provided the arrangement is structured correctly, the landowner can continue to receive farming income, maintain APR eligibility and retain capital allowances on farm equipment.
What is the difference between APR and BPR?
APR provides IHT relief on the agricultural value of qualifying agricultural property. BPR provides IHT relief on shares in qualifying trading businesses and business assets used in a trading business. The two reliefs can sometimes overlap on the same property in some cases BPR can cover the value that APR does not, for example the development value of agricultural land. We review which reliefs apply and maximise the combined planning benefit.
Can we bring children into the farming business to help with succession?
Yes, and this is one of the most common succession planning tools. Introducing children as partners or shareholders in a farming company allows value to be built up in their hands over time, potentially at lower inheritance tax rates. The timing, structure and documentation all matter to the effectiveness of the arrangement.
Ready to take the next step?
Book an introductory meeting to discuss your specialist sectors needs with a specialist.