Insights

Alexandra Docherty

Partner and Head of Private Client Tax

11 December 2019

What tax changes could the election result bring about for rural businesses?

This year the festive period has been commandeered by the politicians. Not only do we have the usual tasks of pre-ordering the turkey and stocking up on the sherry, we also have to get to the polling booths tomorrow and cast our vote for the future. After the election result on the 13 December, we will have the fallout to manage, along with a UK and Scottish budget to plan for in the New Year and finally our ‘exit’ from the EU on 31 January. There are certainly significant changes ahead for our tax system as we know it - so how can we plan in what is a time of flux, and what hints have we got from the Ghost of Christmas Yet To Come as to what these changes might be?

Jane Mitchell

Business Advisory Director & Rural Specialist

26 November 2019

Should you consider a change to your farming arrangements?

The current uncertainty in agriculture and the quest for farmers to continue to make profit on their agricultural units often brings the question of whether a change to their current farming arrangement is an option. There are a number of different arrangements available.

Jenn Stewart

Business Advisory Partner, Head of Rural and Dundee Office Head

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17 October 2019

Are you actually Farming?

This may seem like a strange question, especially for someone who has lived and worked on the same farm for most of their life. However, where a farmer has perhaps sold off their stock and has rented out their grass to their neighbour, HMRC may argue that you are no longer actively farming.

Robin Dandie

Business Advisory Partner

19 July 2019

Agriculture

A third of Scottish farm businesses ‘optimistic’ about the future

Despite ongoing uncertainties amid Brexit, a third of Scotland’s farmers and landowners are positive about the future, according to a survey by Johnston Carmichael.

Alexandra Docherty

Partner and Head of Private Client Tax

Connect on LinkedIn

12 July 2019

Get your house in order before Inheritance Tax reforms bite

The long awaited second instalment of the Office of Tax Simplification’s (OTS) Inheritance Tax Review hit the shelves (well HMRC’s website) on Friday 5 July 2019. For those of us advising on Inheritance Tax (IHT) we can at least sleep a bit easier now we have the OTS’ list of 11 recommendations!

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