London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Focus on farmers

The unpredictable nature of farming profits has long been recognised by the tax system and farmers have been allowed to take an average of their results over two years to spread their tax liabilities more evenly.

The period over which averaging can take place will be extended to five years although we need to wait for the details of precisely how and when this will be put in place.

 

 

Date: 19th March, 2015
Author: Jack Reyland

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

Football #finance short-term cost control, profitability and sustainability @mercerhole Andy Turner sheds light on… twitter.com/i/web/status/1…

Lisa Spearman, Private Client Partner updates on 'Changes to Main Residence Relief from Capital Gains Tax'… twitter.com/i/web/status/1…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn