Jul 2 2019 Diversification – don’t forget the tax! Categories: Agriculture Farming can be challenging, and often unpredictable, so more and more farmers have looked to diversify their business. Whether it is in the form of renting out land, converting farm cottages into holiday lets or investing in renewable energy equipment, it is important to consider the various tax implications of diversifying your farm business. VAT more
Jun 19 2019 Supporting local producers with our ‘EQ Food & Drink Pavilion’ at Turriff Show Categories: AgricultureFood & Drink We are delighted to be supporting the 155th Annual Turriff Show, held on 4-5 August 2019, by helping them expand their support of local food and drink producers with sponsorship of the EQ Food & Drink Pavilion. The EQ Food & Drink Pavilion will house over 50 stalls featuring some of the best produce from growers and makers more
May 6 2019 Working with Melrose Farms Categories: AgricultureEQ NewsTechnology The agriculture sector can be one of the most lucrative industries but also one of the most unpredictable and one which requires huge financial investments. For that reason, farming, especially family businesses, benefit from tailored business support, particularly when looking at diversifying into other projects to compliment traditional farming practices. A prime example is Melrose more
May 1 2019 Supporting ‘Agritourism’ and rural businesses across Scotland Categories: AgricultureFood & DrinkLeisure Our privileged position as tax advisors and accountants to many rural businesses throughout Scotland’s wonderful landscape has allowed us to be involved in advising clients on a range of leisure sector projects, often diversification enterprises from the main rural business. These projects have included tourism accommodation, shops and cafes, and events venues. As Scotland’s tourism more
Apr 16 2019 Dealing with the Pressure of Commodity Margins Categories: Agriculture It is a well-known fact that commodities have not kept up with inflation. With the price of a tonne of wheat at around £120 in 1995, this would equate to £225 a tonne in real terms today. Based on this year’s harvest wheat prices, farmers are achieving around £75 less per tonne than they might more
Feb 22 2019 A record attendance at the sixteenth annual Farming Scotland Conference Categories: Agriculture ‘A Changing Climate’ was the theme for the sixteenth annual Farming Scotland Conference where a record number of delegates heard how agriculture policy, weather patterns and business practices are likely to change and adapt over the coming years. Leading agriculture policy adviser and Secretary of the CAAV Jeremy Moody began proceedings with an incisive talk more
Feb 7 2019 Subsidy cuts likely to hit hard Categories: Agriculture Changes to the farm subsidy regime in Scotland after Brexit could see significant money moved away from better cropping and grazing to protect Less Favoured Areas (LFA) payments from a large reduction. That is the warning from leading agricultural policy adviser Jeremy Moody, who will address a major farming industry conference in Carnoustie on 14 more
Jan 3 2019 A Hot Topic at the sixteenth Farming Scotland Conference Categories: Agriculture One of the country’s leading experts on the agricultural effects of climate change will address this year’s Farming Scotland Conference. The event, now its 16th year, will once again be held at Carnoustie Hotel, Angus on Thursday 14 February 2019 and is sponsored by EQ Chartered Accountants, Bell Ingram, the Royal Bank of Scotland and Thorntons more