The ABC of Farm Tax – Cornwall
Wednesday 21 September 2016: 9.30am – 12.45pm
Llanhydrock Hotel & Golf Club, Bodmin, Cornwall, PL30 5AQ
Price: £30 CLA members; £40 Non-members inc VAT
Supported by: Old Mill
Matters relating to the taxation of assets and wealth have become increasingly complex and there is the potential for still further change and complexity. Too often the lack of appropriate action, or inertia, can have far reaching effects on assets both now and in the future. This seminar will explore both current and future farm tax issues, as well as challenges and opportunities facing both owners and their advisers.
Introduction
• Tax Policy; ‘the direction of travel’ looking forward; the CLA’s role
A - Agriculture
• Explanation of favourable tax treatment for agricultural businesses
B- Business
• Tax considerations of different business structures (Sole Trader, Partnership, Limited Companies, Contract Farming, Share Farming)
C – Continuity
• Inheritance tax planning – Agricultural and Business Property Reliefs; the Farmhouse; HMRC treatment of trading vs investment activities; the Balfour case.
• Wills, Trusts, Power of Attorney
D – Diversification, development and investment
• Use of Capital Allowances
• Capital Gains Tax & Development land – including options over land
• Stamp Duty Land Tax on buying farms – the future of ‘mixed use’
• VAT issues on construction
Speakers will be:
• Louise Speke, CLA Chief Taxation Adviser
• Representatives from Old Mill Accountants
Sandwich lunch will be provided. Click here to book
Wednesday, August 3, 2016
The ABC of Farm Tax - Gloucestershire
Tuesday 11 October 2016: 9.30am – 12.45pm
Toad Hall, Trull Farm, Tetbury, Gloucestershire, GL8 8SQ
Price: £30 CLA members; £40 Non-members inc VAT
Supported by: Old Mill & Clarke Willmott
Matters relating to the taxation of assets and wealth have become increasingly complex and there is the potential for still further change and complexity. Too often the lack of appropriate action, or inertia, can have far reaching effects on assets both now and in the future. This seminar will explore both current and future farm tax issues, as well as challenges and opportunities facing both owners and their advisers.
Introduction
• Tax Policy; ‘the direction of travel’ looking forward; the CLA’s role
A - Agriculture
• Explanation of favourable tax treatment for agricultural businesses
B- Business
• Tax considerations of different business structures (Sole Trader, Partnership, Limited Companies, Contract Farming, Share Farming)
C – Continuity
• Inheritance tax planning – Agricultural and Business Property Reliefs; the Farmhouse; HMRC treatment of trading vs investment activities; the Balfour case.
• Wills, Trusts, Power of Attorney
D – Diversification, development and investment
• Use of Capital Allowances
• Capital Gains Tax & Development land – including options over land
• Stamp Duty Land Tax on buying farms – the future of ‘mixed use’
• VAT issues on construction
Speakers will be:
• Louise Speke, CLA Chief Taxation Adviser
• Stuart Thorne, Corporate Partner, Clarke Willmott
• Representative from Old Mill Accountants
Sandwich lunch will be provided
Tuesday 11 October 2016: 9.30am – 12.45pm
Toad Hall, Trull Farm, Tetbury, Gloucestershire, GL8 8SQ
Price: £30 CLA members; £40 Non-members inc VAT
Supported by: Old Mill & Clarke Willmott
Matters relating to the taxation of assets and wealth have become increasingly complex and there is the potential for still further change and complexity. Too often the lack of appropriate action, or inertia, can have far reaching effects on assets both now and in the future. This seminar will explore both current and future farm tax issues, as well as challenges and opportunities facing both owners and their advisers.
Introduction
• Tax Policy; ‘the direction of travel’ looking forward; the CLA’s role
A - Agriculture
• Explanation of favourable tax treatment for agricultural businesses
B- Business
• Tax considerations of different business structures (Sole Trader, Partnership, Limited Companies, Contract Farming, Share Farming)
C – Continuity
• Inheritance tax planning – Agricultural and Business Property Reliefs; the Farmhouse; HMRC treatment of trading vs investment activities; the Balfour case.
• Wills, Trusts, Power of Attorney
D – Diversification, development and investment
• Use of Capital Allowances
• Capital Gains Tax & Development land – including options over land
• Stamp Duty Land Tax on buying farms – the future of ‘mixed use’
• VAT issues on construction
Speakers will be:
• Louise Speke, CLA Chief Taxation Adviser
• Stuart Thorne, Corporate Partner, Clarke Willmott
• Representative from Old Mill Accountants
Sandwich lunch will be provided
The ABC of Farm Tax
Tuesday 20 September 2016: 2.00pm – 5.30pm
Monks Yard, Horton Cross Farm, Horton Cross, Ilminster, Somerset TA19 9PT
Price: £30 CLA members; £40 Non-members inc VAT
Supported by: Old Mill & Porter Dodson
Matters relating to the taxation of assets and wealth have become increasingly complex and there is the potential for still further change and complexity. Too often the lack of appropriate action, or inertia, can have far reaching effects on assets both now and in the future. This seminar will explore both current and future farm tax issues, as well as challenges and opportunities facing both owners and their advisers.
Introduction
• Tax Policy; ‘the direction of travel’ looking forward; the CLA’s role
A - Agriculture
• Explanation of favourable tax treatment for agricultural businesses
B- Business
• Tax considerations of different business structures (Sole Trader, Partnership, Limited Companies, Contract Farming, Share Farming)
C – Continuity
• Inheritance tax planning – Agricultural and Business Property Reliefs; the Farmhouse; HMRC treatment of trading vs investment activities; the Balfour case.
• Wills, Trusts, Power of Attorney
D – Diversification, development and investment
• Use of Capital Allowances
• Capital Gains Tax & Development land – including options over land
• Stamp Duty Land Tax on buying farms – the future of ‘mixed use’
• VAT issues on construction
Speakers will be:
• Louise Speke, CLA Chief Taxation Adviser
• Kate James, Porter Dodson
• Dan Knight, Old Mill
Click here to book
Tuesday 20 September 2016: 2.00pm – 5.30pm
Monks Yard, Horton Cross Farm, Horton Cross, Ilminster, Somerset TA19 9PT
Price: £30 CLA members; £40 Non-members inc VAT
Supported by: Old Mill & Porter Dodson
Matters relating to the taxation of assets and wealth have become increasingly complex and there is the potential for still further change and complexity. Too often the lack of appropriate action, or inertia, can have far reaching effects on assets both now and in the future. This seminar will explore both current and future farm tax issues, as well as challenges and opportunities facing both owners and their advisers.
Introduction
• Tax Policy; ‘the direction of travel’ looking forward; the CLA’s role
A - Agriculture
• Explanation of favourable tax treatment for agricultural businesses
B- Business
• Tax considerations of different business structures (Sole Trader, Partnership, Limited Companies, Contract Farming, Share Farming)
C – Continuity
• Inheritance tax planning – Agricultural and Business Property Reliefs; the Farmhouse; HMRC treatment of trading vs investment activities; the Balfour case.
• Wills, Trusts, Power of Attorney
D – Diversification, development and investment
• Use of Capital Allowances
• Capital Gains Tax & Development land – including options over land
• Stamp Duty Land Tax on buying farms – the future of ‘mixed use’
• VAT issues on construction
Speakers will be:
• Louise Speke, CLA Chief Taxation Adviser
• Kate James, Porter Dodson
• Dan Knight, Old Mill
Click here to book
Wednesday, December 9, 2015
Taxation & Asset Preservation
Tuesday 12 April 2016: 9.30am - 1.00pm followed by tour
Milton Abbey School, Blandford Forum, Dorset DT11 0BZ
Price: £35 CLA member; £45 non-member
Supported by: RSM Tenon, Clarke Willmott & Brewin Dolphin
Issues and solutions relating to rural wealth management have become increasingly complex creating a greater demand for joined-up professional advice.
Our Tax Planning and Asset preservation seminar will examine the threats and opportunities as well as giving an overview of what the CLA is doing for its members through the work of the national taxation committee.
Too often assets are lost through lack of appropriate action or inertia and our team of experts will look at opportunities to minimise tax liability, at the global investment market, inheritance and succession issues and at foreign exchange risk management.
The morning will conclude with an update on the fine art and auction markets.
Speakers will include:
• Representatives from the CLA and from the supporting firms
The seminar will examine:
• The latest ideas on minimising inheritance tax
• Planning for succession – what to consider
• Agricultural & Property Reliefs – an update
• How to hedge the single farm payment
• Tax efficient trading structures
• Effective management of pensions and investments
• Investing in fine art
In the afternoon, following a two course lunch, delegates will have an opportunity to look at the grounds and buildings of Milton Abbey and the School – which last year celebrated its 60th anniversary. The Abbey is the dominant feature of the school buildings. Described by the Bishop of Salisbury as ‘the most beautiful Church in Wessex it often features in the top 100 ecclesiastical buildings in Britain.
Milton Abbey School, Blandford Forum, Dorset DT11 0BZ
Price: £35 CLA member; £45 non-member
Supported by: RSM Tenon, Clarke Willmott & Brewin Dolphin
Issues and solutions relating to rural wealth management have become increasingly complex creating a greater demand for joined-up professional advice.
Our Tax Planning and Asset preservation seminar will examine the threats and opportunities as well as giving an overview of what the CLA is doing for its members through the work of the national taxation committee.
Too often assets are lost through lack of appropriate action or inertia and our team of experts will look at opportunities to minimise tax liability, at the global investment market, inheritance and succession issues and at foreign exchange risk management.
The morning will conclude with an update on the fine art and auction markets.
Speakers will include:
• Representatives from the CLA and from the supporting firms
The seminar will examine:
• The latest ideas on minimising inheritance tax
• Planning for succession – what to consider
• Agricultural & Property Reliefs – an update
• How to hedge the single farm payment
• Tax efficient trading structures
• Effective management of pensions and investments
• Investing in fine art
In the afternoon, following a two course lunch, delegates will have an opportunity to look at the grounds and buildings of Milton Abbey and the School – which last year celebrated its 60th anniversary. The Abbey is the dominant feature of the school buildings. Described by the Bishop of Salisbury as ‘the most beautiful Church in Wessex it often features in the top 100 ecclesiastical buildings in Britain.
Meet the Advisers
MEET THE ADVISERS
RURAL POLICY UPDATES AND LOCALISED ISSUES OF THE DAY
Tuesday 2 February 2016: 10am – 12 noon
The Greyhound, Ashton Road, Siddington, Cirencester GL7 6HR
Wednesday 10 February 2016: 9.30am – 11.30am
The Watermans Arms, Bow Bridge, Ashprington, Nr Totnes, Devon TQ9 7EG
Wednesday 10 February 2016: 2.30pm – 4.30pm
Rydon Inn, Holsworthy, Devon EX22 7HU
Thursday 11 February 2016: 9.30am – 11.30am
The Godolphin Arms, West End, Marazion, Penzance TR17 0EN
Thursday 18 February 2016: 10am – 12 noon
Bear Inn, 53 High Street, Street, Somerset B16 0EF
Wednesday 16 March 2016: 10am – 12 noon
The Poet Laureate, Poundbury, Dorchester, Dorset DT1 3GW
Thursday 17 March 2016: 10am – 12 noon
Salisbury & South Wilts Golf Club Netherhampton Road, Netherhampton, Salisbury, Wiltshire SP2 8PR
Price: free of charge
Supported by: Savills incorporating Smiths Gore
Like it or not, landowners are affected by a whole host of rules and regulations. Whether it’s planning, CAP reform, housing legislation or agri-environment schemes, keeping up to date with changes in the rules is a constant challenge. CLA advisers are only a phone call away and our seminars are a good way to get detailed updates on particular topics.
This spring, in association with Savills incorp. Smiths Gore, we are again staging a series of short technical updates at local venues where members can get updates from CLA staff and other professionals on topical issues affecting them. But we also want to hear from you and there will be the opportunity for members to raise and bring to the attention of the CLA regional team other issues they feel are of concern to rural landowners and businesses in their county.
There will be 7 events in this programme. These will be informal events at pubs in places where we are not always able to get to regularly. Hopefully you will be able to get along to one of them. Together with anything particularly topical, we will certainly be covering:
• Legislation update for owners of private let housing
• Farmland sales and rental market update;
• Planning & Permitted Development Rights update;
• Basic Payment Scheme and Countryside Stewardship latest;
• When to use Farm Business Tenancies, grazing licenses, share and contract farming agreements
RURAL POLICY UPDATES AND LOCALISED ISSUES OF THE DAY
Tuesday 2 February 2016: 10am – 12 noon
The Greyhound, Ashton Road, Siddington, Cirencester GL7 6HR
Wednesday 10 February 2016: 9.30am – 11.30am
The Watermans Arms, Bow Bridge, Ashprington, Nr Totnes, Devon TQ9 7EG
Wednesday 10 February 2016: 2.30pm – 4.30pm
Rydon Inn, Holsworthy, Devon EX22 7HU
Thursday 11 February 2016: 9.30am – 11.30am
The Godolphin Arms, West End, Marazion, Penzance TR17 0EN
Thursday 18 February 2016: 10am – 12 noon
Bear Inn, 53 High Street, Street, Somerset B16 0EF
Wednesday 16 March 2016: 10am – 12 noon
The Poet Laureate, Poundbury, Dorchester, Dorset DT1 3GW
Thursday 17 March 2016: 10am – 12 noon
Salisbury & South Wilts Golf Club Netherhampton Road, Netherhampton, Salisbury, Wiltshire SP2 8PR
Price: free of charge
Supported by: Savills incorporating Smiths Gore
Like it or not, landowners are affected by a whole host of rules and regulations. Whether it’s planning, CAP reform, housing legislation or agri-environment schemes, keeping up to date with changes in the rules is a constant challenge. CLA advisers are only a phone call away and our seminars are a good way to get detailed updates on particular topics.
This spring, in association with Savills incorp. Smiths Gore, we are again staging a series of short technical updates at local venues where members can get updates from CLA staff and other professionals on topical issues affecting them. But we also want to hear from you and there will be the opportunity for members to raise and bring to the attention of the CLA regional team other issues they feel are of concern to rural landowners and businesses in their county.
There will be 7 events in this programme. These will be informal events at pubs in places where we are not always able to get to regularly. Hopefully you will be able to get along to one of them. Together with anything particularly topical, we will certainly be covering:
• Legislation update for owners of private let housing
• Farmland sales and rental market update;
• Planning & Permitted Development Rights update;
• Basic Payment Scheme and Countryside Stewardship latest;
• When to use Farm Business Tenancies, grazing licenses, share and contract farming agreements
Legal Updates
Tuesday 26 January 2016: 5pm – 7pm followed by drinks & canapés
Ingleside House, 5 Beeches Rd, Cirencester GL7 1BN
Thursday 25 February 2016: 5pm - 7pm followed by drinks & canapés
Grasmere House Hotel, 70 Harnham Rd, Salisbury, Wiltshire SP2 8JN
Price: £12.50 CLA member; £15 Non-member inc VAT
Supported by: Clarke Willmott
This informal legal update will provide you with in depth information regarding impending topics affecting anyone in the agriculture & rural sector.
This event is designed to equip you with the knowledge to implement changes needed to protect your family, farm and business, and to facilitate discussion within the room on topics of concern.
This year has seen significant changes to tax returns and farming assets. This update will summarise these changes and also cover topics which will impact on members in 2016.
The Clarke Willmott speakers may include:
• Kate Gardner, Employment Partner
• Mark Buckerfield, Private Property and Agriculture Partner
• Tim Hayden, Commercial and Private Client Litigation Partner
• Caroline Waller, Planning Partner
• Daniel Eames, Family Partner
The update will cover the following:
• Taxation
• Property
• Employment
• Environment
• Family matters
Click here to book
Ingleside House, 5 Beeches Rd, Cirencester GL7 1BN
Thursday 25 February 2016: 5pm - 7pm followed by drinks & canapés
Grasmere House Hotel, 70 Harnham Rd, Salisbury, Wiltshire SP2 8JN
Price: £12.50 CLA member; £15 Non-member inc VAT
Supported by: Clarke Willmott
This informal legal update will provide you with in depth information regarding impending topics affecting anyone in the agriculture & rural sector.
This event is designed to equip you with the knowledge to implement changes needed to protect your family, farm and business, and to facilitate discussion within the room on topics of concern.
This year has seen significant changes to tax returns and farming assets. This update will summarise these changes and also cover topics which will impact on members in 2016.
The Clarke Willmott speakers may include:
• Kate Gardner, Employment Partner
• Mark Buckerfield, Private Property and Agriculture Partner
• Tim Hayden, Commercial and Private Client Litigation Partner
• Caroline Waller, Planning Partner
• Daniel Eames, Family Partner
The update will cover the following:
• Taxation
• Property
• Employment
• Environment
• Family matters
Click here to book
Friday, November 1, 2013
No Nonfire Night Sky lantern
The CLA in the South West is urging all landowners - public and private - to ban the use of sky lanterns on their property this Bonfire Night.
The Association, which has been campaigning for an outright ban, says the lanterns are little more than uncontrolled flying bonfires and put livestock, crops and buildings at risk.
CLA South West Director, John Mortimer, said: “Sky lanterns, or Chinese lanterns, have become increasingly popular around this time of year. Our concern is that, once launched, they are capable of travelling for miles at the mercy of the wind and it is impossible to predict where they will land.
“We are encouraging our members not to allow them to be used on their land or at their events and venues - and we are also asking the public to think again about the risks of using them.”
The CLA says that expired lanterns landing in fields pose a risk of serious injury and even death to livestock and wildlife which have been known to ingest the abandoned frames, whether wire or bamboo, and suffer painful - and sometimes fatal - injuries as a result.
“But the biggest risk is posed by fire. There is also no guarantee the flame will have extinguished before it lands, potentially triggering a blaze that could destroys crops, forestry and buildings. Until these lanterns are finally banned, we will continue to discourage their use,” said Mr Mortimer.
The Association, which has been campaigning for an outright ban, says the lanterns are little more than uncontrolled flying bonfires and put livestock, crops and buildings at risk.
CLA South West Director, John Mortimer, said: “Sky lanterns, or Chinese lanterns, have become increasingly popular around this time of year. Our concern is that, once launched, they are capable of travelling for miles at the mercy of the wind and it is impossible to predict where they will land.
“We are encouraging our members not to allow them to be used on their land or at their events and venues - and we are also asking the public to think again about the risks of using them.”
The CLA says that expired lanterns landing in fields pose a risk of serious injury and even death to livestock and wildlife which have been known to ingest the abandoned frames, whether wire or bamboo, and suffer painful - and sometimes fatal - injuries as a result.
“But the biggest risk is posed by fire. There is also no guarantee the flame will have extinguished before it lands, potentially triggering a blaze that could destroys crops, forestry and buildings. Until these lanterns are finally banned, we will continue to discourage their use,” said Mr Mortimer.
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