Tax Planning for Farm and Land Diversification

 
9780754517696: Tax Planning for Farm and Land Diversification
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Tax Planning for Farm and Land Diversification has been written to offer practical help and guidance to ensure that tax planning opportunities are used to their maximum, helping farmers and landowners through this often complicated process. It is a pragmatic and strategic guide, written in an accessible and user-friendly style.There are many tax issues relating to the diversification of farmland and this book is a guide to the tax benefits and pitfalls the farmer is exposed to. Tax Planning for Farm and Land Diversification covers:* Protecting the tax status of the farmhouse, farm buildings and let buildings* Planning for VAT* Maximising the use of losses* Reluctant farmer and practitioner* Hobby farming and maximising the use of losses* Furnished holiday lets* A look at how to obtain planning permission and how to use tax planning once you have itFor those who are looking to diversify as a means of survival in the wake of the series of crises in the farming and landowning industry or those wishing to exploit the tax benefits of farming, this book will help protect you against the pitfalls and plan to maximise the advantages.An essential read for all land agents, landowners, farmers and professionals connected with farming and landowning.

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About the Author:

Julie Butler has her own accountancy firm, is on the BHS Taxation Committee of the CLA and is a prolific author and lecturer

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