Agricultural Team

Based in a region that has farming as one of its key industries, thomas westcott has specialist personnel who understand the requirements of the farming community. They have many years experience in advising farmers and agricultural businesses throughout the region.

Therefore the advice offered is not just based on a sound financial platform, but also takes into consideration the everyday problems and practicalities that the modern day farmer has to face.

With regular liaison with the respective government bodies, we can provide specialist assistance and advice on a range of issues, and therefore offer informed opinion that will help with the overall running and profitability of the business.

These are some of the questions that our specialist services can help you to answer:

Buying land or quota?
By preparing cashflows and budgets we can help you decide if the figures stack up.

Looking to obtain farm finance?
Preparing business plans, and helping you to monitor your business performance throughout the year, will meet the requirements of your bank and help you to plan your ongoing cashflow requirements.

Beef, Sheep, Dairy or Diversify?
By preparing detailed enterprise accounts, we can help you decide which areas of your business should be expanded or scaled down, with a view to maximising your profits.

How can I plan to avoid Inheritance Tax on my assets, especially with increasing property values?
We have a team who specialise in agricultural tax affairs who will work with you to maintain your wealth for future generations.

If I sell some of my assets, will I have to pay tax?
We can advise you on ways to minimise any capital gains tax liabilities on the sale of your assets.

I can't cope with all this paperwork!
We can provide you with a farm secretarial service to help with VAT, PAYE, subsidy claims, and stock movement records on a regular basis to leave you with more time to concentrate on running your business.

Why are my accountancy bills so high?
We can work with you to improve your systems, whether manual or kept on farm specific software, to provide your accountant with the information necessary to minimise your fees.

Where can I get help with agicultural wages?
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