Anderson’s present Farming Seminar in Ely

2nd May 2017

Once again we held our annual Farming Seminar, on the morning of Wednesday 26th April at the Maltings in Ely. Graham Redman and Michael Haverty of The Andersons Centre
once again updated us on the state of UK agriculture.

Graham and Michael provided some interesting DEFRA statistics with an overview of how each segment of the agricultural industry has fared over the past few years as well as looking to planning for what economic decisions will be made following Brexit.

The past 12 months has been nothing if not eventful and the prospect for the next 12 is more of the same.  UK farming has faced challenges in the past and will again as the outcome of Brexit unfolds.  One good thing about working in East Anglia is that we have some of the best performing farms and so should be well placed to cope with these challenges.

We hope that our attendees found the seminar informative and we look forward to next year’s update.

If you have any queries or would like further information regarding our business advice for agricultural clients please contact your local office.

 

Other items in Agriculture
Louise Bassett
10th May 2022 Defra Announce 50% BPS advance

As farmers face being squeezed with price increases for inputs due to the situation in Ukraine and worldwide gas and energy prices, DEFRA have announced that the RPA will advance 50% of the value of BPS payments to farmers from the end of July 2022 with the balance to be paid from December as normal.…

Ben Beech
21st March 2022 Extension of plug-in van and truck grants

The government have announced that they will be extending their plug-in van and truck grants for another two years to spring 2025, there will also be changes to the existing plug-in vehicle grants applicable for the funding of larger trucks.   From 1 April 2022, the threshold to claim the small truck grant of up…

James Cater
7th December 2021 Sustainable farming incentive

It is premature to shout from the rooftops “The King is dead. Long live the King” but nevertheless the Single Farm Payment regime is in terminal decline and we begin to see the future in the form of the Sustainable Farming Incentive. Following trials this new scheme will be launched in 2022 with a 10…

Ian Piper
4th November 2021 Super early retirement? – Not if under 47 now

The government is to increase the earliest age pension savers can access their pension pots from 55 to 57, wef 6 April 2028. Members of the firefighters, police and armed forces public service schemes will not be affected by this increase.

Emily Haines
27th October 2021 Budget: “Hooray for AIA!”

In the Chancellor’s Budget on 27 October 2021 it was announced that the planned date for reducing the Annual Investment Allowance limit from £1m to £200k is being extended from 1 January 2022 to 31 March 2023. This will effect businesses who are planning on investing more than £200k in plant and machinery from January…

James Selby
8th October 2021 Annual Investment Allowance (AIA) – Maximising tax relief

The chance to take advantage of the generous temporary uplift in the AIA annual limit of £1,000,000 is coming to an end when it is due to revert to £200,000 from 1 January 2022.   It is a perfect time to plan to capitalise on claiming 100% tax relief on qualifying purchases without getting caught…