Agriculture & Farming
For over 80 years Sheen Stickland have supported farmers and landowners throughout the country.
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Agriculture and Farming
For over 80 years Sheen Stickland have supported farmers and landowners throughout the country.
In the current climate of hugely significant changes to Inheritance Tax legislation for Farmers and Landowners we can provide the advice and support to help protect the farm and farming business for future generations.
Increasing costs, economic pressure, competition and changes in taxation have added to the difficulty of running a successful Farming business.
Our Agricultural Team can support your business with annual accounting, tax compliance, VAT and payroll. We are also on hand to advise on restructuring, be it advice focused on Land and Property, incorporating the farming business or diversification.
Our Services
Annual Accounting
Our team provides clear and accurate annual accounts to help you understand your business performance and make informed decisions. We ensure your financial records meet all regulatory requirements and reflect the true health of your farming enterprise.
Tax Compliance
We take the stress out of managing your tax obligations. From income tax and corporation tax to inheritance and capital gains, our experts ensure full compliance while identifying opportunities for tax efficiency within the agricultural sector.
VAT Returns
With complex VAT rules surrounding farming, diversification, and land transactions, our specialists help you navigate them confidently. We manage VAT registrations, returns, and planning so you can focus on running your business.
Payroll Services
Our dedicated payroll service ensures your staff are paid accurately and on time, with all HMRC submissions handled efficiently. We also assist with pension auto-enrolment and employment legislation to keep you compliant.
Business Restructuring
Our dedicated payroll service ensures your staff are paid accurately and on time, with all HMRC submissions handled efficiently. We also assist with pension auto-enrolment and employment legislation to keep you compliant.
Land and Property Transactions
We provide expert guidance on land and property sales, purchases, and development projects. Our advice ensures you fully understand the tax implications, enabling you to maximise value and minimise risk with every transaction.
Our Accreditation & Partners
Succession planning
Recent budget changes are the first significant legislative changes for Inheritance Tax for farmers and landowners for thirty years.
Many farmers and landowners are considering passing all or part of the farm down to the next generation, selling up or developing another path to retirement.
Following changes to available tax reliefs it is more important than ever, to receive professional tax advice to inform your decisions as how best to proceed.
We can proactively advise on Inheritance reliefs (Agricultural Property Relief and Business Property Relief), the use of Trusts and the Capital Gains pitfalls to ensure there are no unintended tax liabilities.
As well as minimising the effects of the new Inheritance Tax legislation a successful succession plan enables farming families to develop and progress their farming businesses for future generations.
Diversification
Many of our clients are expanding their offerings; selling direct via a farm shop, offering experiences, investing in renewable energy and starting holiday letting companies.
Should you be thinking of diversifying or perhaps you have already, our team can anticipate many of the challenges you will face when running multiple trades. We can assess the wider tax implications, ensuring you stay compliant with HMRC and help you plan for the future.
Equine
Running a stud farm, riding school or horse trainer? These businesses combine a commercial enterprise with agricultural elements. The Sheen Stickland team can draw on personal experience and professional qualifications to ensure no opportunities are missed.
Often equine businesses run into challenges with shared ownership or partnership matters, VAT queries and Argicultural property relief.