MTD (Making Tax Digital)
Further changes are coming…..
A rural view on the 2021 Autumn Budget
With the farming industry undergoing mass reforms and increased pressures as the Basic Payment Scheme is phased out, the Chancellor’s latest Budget statement was eagerly awaited. In the end, the farming sector was largely overlooked, with the focus being on a new post -COVID economy of fiscal stability.
Extracting Profits from Companies
The well-known routes to take money out of your limited company are by way of salary and dividends.
Time for some business housekeeping?
Winter evenings or perhaps hours spent on a tractor can give time for thoughts and discussions regarding business structure and succession planning. The team at Ellacotts collectively have decades of experience in handling transitions in business management and land ownership with our farming and landowning clients.
The 2021 Harvest
After some concerning conditions in March and April 2021, better weather in May turned around the outlook for 2021, and now with wheat being harvested in between rain showers we are starting to see the results.
