Blog

Newsletter

To receive industry news, information regarding local opportunities and Baileys and Partners business developments – sign up here.

Filters
Reset
Reset

Time to change how we assess business rates for hydro

Anticipating the Chancellor’s Budget in March 2017, the chief executive of the British Hydropower Association (BHA) – of which we are members – Simon Hamlyn, warned that the business rates system for hydroelectric schemes was “fundamentally flawed” and needed “urgent attention”. We’re inclined to agree. Simon’s voice was one of many in the industry that has expressed concern about the Government’s business rates re-evaluation recently.  As a result of the recent changes, some small businesses in the renewables sector will now see their business rates increase by as much as 900%. Clearly, this kind of hike in taxation could be devastating…
Energy

A Source of Clean, Efficient and Reliable Energy | All Power To Hydro Power

Ever since man first used a waterwheel to break grain around two thousand years ago, water has been used as a source of clean, efficient and reliable energy. As early as the 1770s – and well before our Victorian forefathers had hydroelectricity figured out – water was powering spinning wheels in Lancashire cotton mills and the beginnings of the Industrial Revolution. It was the Victorian industrialist and inventor William Armstrong who first managed to generate electricity from falling water in 1878. Within just twenty years of his ground-breaking discovery hydropower had ‘boomed’ and there were hundreds of hydroelectricity plants in…
Energy
how to breathe new life into old industry

Reimagining the land: how to breathe new life into old industry

Wales has a proud industrial heritage: from coal, iron, steel and slate to cotton, wool, copper and tinplate, it has left an indelible mark on our landscapes and culture. It’s part of who we are. It might surprise you to know that – in this great farming nation of ours – two thirds of Welsh families in the mid-19th century made their living outside of agriculture. A little more than a century and a half ago, Wales was the world’s second industrial nation. But whilst farming is still a very significant part of our economy, those heavy industries of the…
Land
Death and Taxes | Future Planning For Rural Estates

Death and Taxes | Future Planning For Rural Estates

Who has ‘battened down the hatches’ since Brexit with the unknown around the corner? With speculation that Article 50 will be triggered at the end of March 2017, now maybe the time to embrace the quieter period and plan for the future? It’s a common theme that farmers don’t like to talk about the unknown with the strong belief that ‘everything will work its way out’. With the prospect of Brexit and the potential risky financial market together with the budget announcements in March why not get ahead and start with the crucial family meeting? Future planning is absolutely essential…
Land
It's Not The Size, But What We Do With It That Counts!

It’s Not The Size, But What You Do With It That Counts!

It has been widely reported that Estates Agents either do not say what they mean, or mean something different to what it is that they say. “Deceptively Spacious” = Not spacious. “Cosy” = Really not spacious. “Perfectly sized” = Humans cannot fit in this. “Compact” = Cats cannot fit in this. “Charming” = Doesn’t have stairs. “Quaint” = Doesn’t have windows. “Rustic” = Doesn’t have a roof! All of the above pales into insignificance though when it comes to how Estate Agents answer the question of how they intend to market a prospective vendors farming, sporting or leisure estate. It…
Land
Don’t Let HMRC Spoil Your Christmas Party

Don’t Let HMRC Spoil Your Christmas Party

You can deduct the cost of your work Christmas Party against tax but there are some rules you have to follow. Sorry to sound like a bit of a scrooge, but if you get it wrong it can work out expensive. You’re allowed to spend £150 (inc vat) per person. The total cost must include things like taxis, accommodation as well as food and drink. But you can include customers and employees guests when working out the average spend. Be warned, if you spend any more than this the Christmas doo becomes a taxable benefit which means you have to…
Leisure
mail
enquiries@baileysandpartners.co.uk

Gwynedd

phone
01341 241 700

Tyddyn Du, Llanbedr
Gwynedd LL45 2LR

Anglesey

phone
01248 893 777

M-Sparc, Gaerwen
Anglesey LL60 6AG

Company

Social

Copyright 2023 Baileys & Partners | All Rights Reserved.