MHA’s farming clients range from family farms to large commercial enterprises which operate in both the livestock and arable sectors.

Agriculture

MHA’s farming clients range from family farms to large commercial enterprises which operate in both the livestock and arable sectors. We also advise a variety of suppliers to the farming sector, particularly manufacturers and suppliers of agrochemicals and plant & machinery. Additionally we act for a significant number of rural related businesses which operate alongside agriculture focusing on adding value to primary produce, property investments, leisure and tourism.

Our knowledge of the sector is second to none:

  • Several experts from MHA firms are members of numerous industry bodies, including: the ICAEW Specialist Interest Group for Rural Businesses, the Charter Group for Agriculture and the National Farmer’s Union, CLA and Nuffield Foundation.
  • Two of the partners in Larking Gowen are the authors of the ICAEW’s book on farm accounting.
  • Through MHA member firm MHA Maclntrye Hudson we regularly train other accountants in Farming and Financial Matters.

We offer a comprehensive range of core services to our clients such as accounts preparation, payroll and taxation.

In particular we are able to offer specialist advice in the following areas:

  • Property transactions
  • Succession planning
  • Inheritance tax and trusts
  • Landed Estates
  • Diversification and VAT
  • Financial planning including pension and investment advice
  • Benchmarking
  • Assistance with grants
  • Corporate finance and refinancing
  • Strategic planning around business structures and competitiveness.
  • Legal support expertise including probate and expert witness services.

Recent news

  • Agriculture – Another Cloud on the Horizon

    As we move into a new financial year it is perhaps a good time to consider the financial state of[...]

  • Farmhouse Bed & Breakfast – Increased rent-a-room allowance

    Running a Bed & Breakfast business from your farmhouse can introduce some diversified income into the family and make use[...]

  • Sideways Loss Relief

    A challenge in the agriculture sector has always been fluctuating profits with reasons including the weather or other challenges such[...]

  • Making Tax Digital for Farmers

    Major changes are being made to the way in which all taxpayers interact with HM Revenue and Customs (HMRC). The[...]

  • New farmers’ averaging rules

    Legislation is currently being progressed through parliament to enable farmers to choose between averaging their profits over two years, five[...]

  • Auto Enrolment For Farmers

    Another topical issue for many farmers at present is Pensions Auto Enrolment. The Auto Enrolment provisions have now been in place[...]

Any questions?PublicationsContact Us

See our publications for more information about the services we are able to offer to the agriculture sector, or for more information, please contact us.