Agricultural

The agricultural industry and trades linked to the food chain are facing challenging times. External factors such as the strength of sterling, reform to the Common Agricultural Policy and the influence of the large retailers are creating widespread uncertainty. Running a successful agricultural business in today’s economic climate is no easy task, and it’s even harder still to sustain that success.

Agriculture tends to be capital intensive, so the approach to funding is important. Considerations of succession and capital tax planning (both inheritance tax and capital gains tax) may be vital. Our agricultural team recognise the complexities of agricultural businesses including family/employee relationships, and the complexities of EU subsidies, grants and quotas.

We can help with…

  • Obtaining funding for business expansion, diversification and land purchase
  • Preparing profit forecasts and cash flows
  • Advising on taxation issues – capital gains tax – roll over and taper relief, milk quota and development land. Income tax – capital allowances, averaging, herd basis
  • Preparing monthly VAT Returns, to obtain refunds from HM Customs & Excise,
  • Structuring the business – limited companies, partnerships and trusts
  • Providing and planning for pensions and advising on tenancies and property assets
  • Assisting with succession and looking at Inheritance tax and succession planning

We also offer free of charge:

  • Email or telephone advice on business related issues
  • Regular email business and tax tips newsletter
  • Reminders of key filing dates

To contact a member of our specialist agricultural team, please click here. Alternatively please call us on 01792 410100.

Had a great consultation with Harry on Tuesday morning, couldn't have wished for a better start to a great working relationship as I certainly will be using these guys' services in the future. Very professional from the moment we walked in , we were greeted warmly by the lovely receptionist Natasha and didn't wait long for our meeting to start at all, couldn't recommend these folks enough!
Caitlin Cooze
Caitlin Cooze
14:01 09 Aug 19
This is one of the largest accountancy offices in South West Wales with a history spanning over 100 years. This team of dedicated professionals certainly know what they are doing; in fact in my opinion they are the best practice in South West Wales by far. They've provided advice and support to my businesses over many years and despite their size, they still ensure immediate and personal access to the right people when advice or consultation is needed. Harri Lloyd Davies is one of the best in the business.
Laurence Winmill
Laurence Winmill
08:42 06 Dec 18
After using a few different accountancy firms, I must say; Bevan Buckland are head and shoulders above all of my experience. Genuine people who always have my business's interests at heart! Completely guided me through Making Tax Digital ready for April 2019.Cannot recommend them enough.
Jonathan Mayne
Jonathan Mayne
15:56 22 Nov 18
I would not hesitate in recommending Bevan And Buckland if you are looking for an accounting firm. Kristian is a real asset to the company and has made our transition across to them seamless. Kristian listened to the brief provided and has acted accordingly providing endless support from start to finish.
Sarah Draper
Sarah Draper
21:40 24 Oct 17
Moving our business to Bevan & Buckland was like a breath of fresh air. Their accounts team are so friendly and approachable, easy to communicate with and easy to understand! They have a very efficient operation there, backed by a great understanding and use of available technology. This is important to us as it helps us to be more efficient with our accounting and leads to lower costs. I would highly recommend Bevan and Buckland's services to any business.
Simon Toft
Simon Toft
12:29 30 Mar 17
Bevan Buckland LLP rated 1 of the 3 Top Accountants in Swansea