30/07/2026
It’s today. Here are some topics of conversations we can have in any 24 hours:
🌾 should your business operate as a sole trader, partnership or limited company? What’s involved in moving from one to the other?
🌾 bookkeeping & VAT is probably nae your favourite job - we explain how we can make it slicker for you & us by using the Dext app, Xero bank feeds & getting suppliers to copy us into all your bills.
🌾 how your choice of breeding styles may be having an impact on your bottom line & how the biggest costs are the ones that don’t show on your profit & loss account (poor lambing or calving percentages & deaths!)
🌾 you want to buy a farm - what does the bank want, what do you need to be thinking about, and what do you need to have in place to make it happen? If your finances are in order, you increase your chance of success immediately.
🌾 you want to bring the next generation into the business - how & when do you do that? What’s the tax implications? What else do you need to be thinking of?
🌾 discuss your 2025/26 accounts, including stock held, draft profits and the draft tax position. Consider things like capital allowances, partner profit allocations and possible farmers averaging claims.
🌾 what have you got planned over the next year or two, how is that going to impact your tax position? Is there anything else you need to be thinking about before your year end?
So many conversations, which are different with every person, every family & every business.
Does your accountant understand your farming business?
