Agriculture & estates

Uncertain incomes, diversification challenges, Government red tape & form filling, succession planning, Inheritance & Capital Gains Tax planning and the weather.

These are just some of the challenges faced by the Agricultural industry today. We can’t help you with the weather but we can with everything else.

Platt Rushton has been successfully advising farmers & land owners for many years. We understand the challenges you face & our agricultural team will work closely with you to help you maximise the return you generate from your land & minimise the amount the Government takes in tax.

The structure of your farming operation will have a major impact on family succession issues and tax liabilities. In some cases the formal structure of a limited company will be most appropriate & in others the flexibility of a partnership. You may choose to own the land personally or through the business & it is quite possible that some of the estate may be held by family trusts.

Each has its advantages & disadvantages & we will advise you on the most suitable structure for your requirements.

Contract farming – whether you provide contracting services or use a contractor - has its own challenges and opportunities. It can impact not just on your profits but on your long term tax position as well.

Good advice is essential & we work closely with other professionals such as land agents, lawyers & specialist agricultural lenders.