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Tax Planning for Farm and Land Diversification
Author: Julie Butler (FCA)
Tax Planning for Farm and Land Diversification
Increasingly those running a farming business need to look closely at opportunities to diversify their revenue streams as the more traditional activities become less sustainable on their own. Tax Planning for Farm and Land Diversification is written for accountants, tax advisers and others who have these businesses or individuals as their clients. It explores the tax planning opportunities available in different circumstances such as re-use of redundant buildings and planting more woodland. Relevant cases are considered throughout as is the increasing focus of HMRC towards the reliefs available to farmers.
The content has been extensively updated to cover all the developments in this area.