
Budget announcement will affect tax treatment of furnished holiday lettings
Diversification has been key for farming businesses to remain sustainable; having a number of different income streams on the farm has helped many businesses navigate through external factors and changes in farm subsidy regimes.

Latest Lovewell Blake/NFU farmers’ evening hears from four leading experts on planning issues facing agriculture
Two major new planning initiatives will have a huge impact on farmers – offering both opportunities and challenges. That was the message heard by around 60 Norfolk and Suffolk farmers at the latest joint NFU/Lovewell Blake Farmers’ Evening in Halesworth.

HMRC 2024 basis reforms - What farmers need to know
From 6 April 2024, tax law is being changed resulting in the profits businesses are taxed on being brought in line with the tax year, rather than aligned with their accounting period.

Is now the time to take advantage of market conditions?
It’s a seller’s market, and farmers should take advantage, says Chris Solt of Lovewell Blake.

Vital to put in place anti-inflation strategies, says leading agricultural finance expert
An ‘unholy alliance’ of pressures on costs means that farmers need to put in place anti-inflation strategies, according to a leading specialist agricultural accountant.

What role will Vertical Farming play in the Future of Agriculture?
Whilst it can never fully replace traditional land-based methods, vertical farming definitely has a role to play in solving some of the food production challenges we face.

My three point plan for tackling the supply chain crisis
Farming has to attract more British residents to work in the sector, work together to drive up prices and watch the cashflow to survive the supply chain crisis
Agricultural sector welcomes Annual Investment Allowance extension
The government have confirmed the £1 million Annual Investment Allowance (AIA) will be extended until 1 January 2022.