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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…
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…
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…
North Wales in Lonely Planet’s Top 10
I guess we all take things for granted from time to time. Especially if it’s always there, ever present and literally on your doorstep. I know I do sometimes. The inclusion of North Wales in Lonely Planet’s Top Ten Regions to visit in 2017 has certainly come as a welcome wakeup call for me. Nestled on glossy pages between the Azores in Portugal and Southern Australia, this popular magazine describes the many reasons to visit North Wales. Our fantastic new adventure activities are listed as are numerous food festivals. The natural beauty of the National Park is also promoted references…
Alternative To The Feed In Tariff?
Sustainable Production Grant (SPG), a realistic alternative support mechanism to the feed in tariff? A capital grant support package is now open to expressions of interest from farmers, landowners, small and medium-sized enterprises (SMEs), voluntary organisations and co-operatives, involved in primary production of agricultural products. The SPG Scheme aims to provide capital investment in facilities and equipment that relate to: animal health and welfare crop storage production housing and handling renewable energy production soil and crop management. Grants can range from a minimum of £16,000 to a maximum of £400,000 to increase on-farm investment, production, and resource efficiencies to improve…
Hydropower – Past, Present and Future
The merits of extracting energy from stored and running water has once more been brought into focus by the announcements on tidal lagoon power – founded on the predictability of flows, and together with it, the pedigree of a technology that has been tried, tested and refined over a number of centuries. I was reminded of the engineering genius of hydropower whilst recently recording electric meter readings from a Pelton wheel turbine that was first commissioned in 1895! The undertaking of such activities fuels the enthusiasm for further product and service innovation from Baileys & Partners LLP, to ensure this…
Increased Demand For Short Breaks
Now that the summer rush is over I had a chance for a quick chat with Gwion, owner of Dioni Holiday Cottages, about business and his predictions for the future of the holiday cottage market. “We’ve had another strong year and we’re very positive for the future but the market is changing. Here at Dioni, 84% of bookings made for the months of July and August are for 7 nights or more but we have seen a substantial increase in demand for short breaks during this peak summer season.” This is reflected across the industry where, on average, short breaks…
Gwynedd
Tyddyn Du, Llanbedr
Gwynedd LL45 2LR
Anglesey
M-Sparc, Gaerwen
Anglesey LL60 6AG
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