Farming
Whiting & Partners, with their eight branches surrounding some of the most fertile soil in the country, have built up an expertise in agriculture that is the envy of most other firms of accountants. At the last count, it was estimated that we act for businesses farming in excess of 156,000 acres.

What areas do you need to consider:

  • Saving the family farm - should it be handed down to the next generation?
  • has the company got too many generations of shareholders all earning from one working member of the family?
  • is a fair rent being paid to the non-working landowners?
  • are there so many differing opinions and wishes that only sitting round a table can sort them out.

Whiting & Partners can help with all the above.
Accountancy Problems
Buying more land, will it be cost effective? We can help you prepare cash flows and profit projections.
Your next piece of equipment - should it be obtained by lease, hire purchase, bank loan, or from other funds? We can advise on each of these.
Should your farm be contract farmed or have you got surplus equipment and time that you can contract out? both of these areas on which Whiting & Partners have advised clients.
Taxation
  • Should your profits be averaged?
  • Need you pay any Inheritance Tax?
  • Should you make life time disposals of land whilst 100% agricultural property relief exists?
  • Should an election be made for the herd basis of assessment of your livestock

Whiting & Partners can help you on all the above and many other aspects of taxation.

Do you need help with IACS forms?
We are one of the few firms of accountants who can boast an expertise in this area.

We have identified farming as a sector requiring specialist knowledge and advice. Why not contact us, for a free initial meeting, to discuss how we can assist you in your compliance obligations and add value to your financial circumstances through sound pro-active business advice.

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If you are interested in Accountancy for Farmers, please contact us, or allow us to contact you by completing your details below:
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We do not charge for all such initial consultations.
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