Welcome to our April edition of Agriculture & Rural Business Newsletter
With lambs in the fields, the yellow of the OSR beginning to show and the longer, lighter evenings, Spring has certainly arrived. As lockdown measures start to ease there is still a way to go but at least there is a light at the end of the tunnel – and for those with campsites and holiday accommodation, and the uncertainty of holidaying abroad, it looks like “staycations” will be the norm for 2021.
In this edition we consider the recent Budget and the Tax Day and ask what’s in it for agriculture? We also review the preliminary details released regarding ELMS pilot schemes plus discuss a potentially unwelcome tax implication COVID may have brought for Furnished Holiday Lets. There is information relating to the changes brought in by DEFRA for selling firewood, an article on whether or not to claim a Super Capital Allowance and all you ever needed to know about Compulsory Purchase Orders.
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Your local MHA firm would be keen to discuss with you or advise upon any of the matters raised in this edition and look forward to hearing from you.