James Cater (Kings Lynn)

A Cambridgeshire fenman born and bred, James was educated in Ely, trained with the firm and is now the resident partner at the Kings Lynn office. He is an expert in agriculture, acting for predominantly farming clients. He chairs the firm's Farming Group and is never happier than when he is liaising between a farming client, land agent and solicitor, to optimise the inheritance tax treatment of a tricky land tenancy situation. Outside of his work, his interests centre on wildlife and the countryside.

Specialisms

Agriculture

Property

Capital Gains Tax

Inheritance Tax

Tax Planning

My Latest Blogs

James Cater

30th October 2017 Changes for Farmers in VAT flat rate scheme

The decision has recently been published in a European Court of Justice case, Shields and Sons Partnership v the Commissioners for HM Revenue & Customs. The case revolved around the authority of HMRC to remove the partnership from the VAT flat rate scheme for farmers. It is reported that the partnership had benefited over…

James Cater

23rd February 2017 Digital Carrot or Stick?

Making Tax Digital: Looking at cloud solutions. The Cultural Revolution, according to Wikipedia, was a socio-political movement, which took place in China from 1966 until 1976. Half a century later ….. Full article in Farmer & Growers publication (March 2017 edition) Blog entry by: James Cater.

James Cater

1st January 2017 Agricultural Update

Farming Group Newsletter: Spring 2017. In this edition Whitings farming group look at Brexit, our annual farming seminar, development land, trusts, divorce, machinery leasing, double taxation and tenancies. Full Newsletter Blog entry by James Cater.

James Cater

4th November 2016 Building Information Modelling

Construction Projects: Use of cloud accounting helps with BIM. Are you part of a construction project team? There is increasing publicity being given to the integration of Building Information Modelling (BIM) into construction projects. Since 4 April 2016, any firm wanting to be considered for public sector construction work has to be BIM level 2…

James Cater

4th November 2016 Agricultural Income

Farm Diversification: Proceed with caution ! As farmers innovate and squeeze more income streams from their land, care should be exercised to avoid potential capital taxers and VAT traps:

Article in British Farmer & Grower Magazine

James Cater

4th November 2016 Farming Opportunities

Farming: Summer Update Whitings’ Farming Group looks at BREXIT, Energy Barns, New farm income streams, Entrepreneurs relief, Averaging, Permitted developments, Probate and FRS102.

James Cater

4th November 2016 Farmers

The options for cloud accounting available to farmers are increasing. Already QuickBooks Online have developed a nominal ledger format and reporting routines for their cloud-based system which facilitate the compilation of gross margin accounts and harvest year results.

James Cater

28th September 2016 Agricultural Rent

Tenant Farmers: Is the rent for your land too high? Low commodity prices blighting British agriculture may offer some respite to Agricultural Holdings Act tenants. Rather than landlords pressing for higher rents there may be opportunities for tenants to seek downward rent reviews. Professional advice should be considered. For those locked into farm business tenancies,…

James Cater

13th September 2016 Data Security

Farmplan Cloud Offering: Keeping your data secure. Keeping your data safe and secure is essential for any business, however for many of us we also want to share our data with our consultants, accountants and within the business itself which can pose a problem with the existing systems we have in place. For Farmplan software…

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James Cater (Kings Lynn)

Specialisms