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Arable Sector

Throughout the south west and in particular in Wiltshire, Oxfordshire and Berkshire, Old Mill look after the accounts of a considerable number of specialist arable farms of all sizes.

Arable farms face a number of issues that are not so important an issue with other farmers. The high cost of equipment means that particular care needs to be taken in ensuring optimum use of the seemingly moveable feast of Annual Investment Allowances. Considerations on the tax efficiencies of purchase as against leasing must be looked at.

Share farming arrangements feature for many arable farms and these present particular tax and accounting issues. There are also many issues about cash flow on farms where, unlike most livestock, there is only one crop a year and the timing of purchase or sale can be critical for tax purposes.

Looking after the accounts for so many arable acres means our experienced team of accountants can benchmark your business performance against other arable farms.

 

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