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…
We are pleased to announce that we have today incorporated our practice into a limited liability partnership and shortened our business names from Whiting & Partners/Whiting & Partners Ltd to a unified Whitings LLP. As the world and our practice move forward, we have also modernised our branding and created a new group structure: …
As we move towards the end of the Single Farm Payment and the introduction of the Environmental Land Management Scheme the possibilities for the development of a soil carbon market is attracting attention. Standardisation in the measurement of volumes and permanence of carbon sequestered is badly needed but it is reported that some methods suggest…
A recent publication has quoted a survey suggesting that 8 out of 10 plumbers are at risk of penalties when the impending Making Tax Digital rules are enforced. Half this number is quoted as being unaware of the impending changes. Although the rules do not bite until April 2023 it is a brave tax…
In 2019 the first tier tribunal ruled in a case concerning a grain store that the entire structure qualified as plant and consequently gave rise to a capital allowance claim, by reason of it being a silo. As a consequences of this decision there have been a number of claims for capital allowances both in…
There is a new support programme, DRIVE, that can result in grants of up to 40% of total project costs for businesses in Norfolk and Suffolk that wish to undertake projects that primarily create new employment within the rural economy. Grants can be up to 40% of total project costs with a minimum grant…
DEFRA have now issued the consultation document regarding the lump sum payment for exiting agriculture. Having listened to the NFU webinar concerning this it seems to me that the lump sum, whilst being attractive from a cash flow perspective, has little else too recommend it. Clearly we have a lot more to learn and in…
Whitings Farming Group publish their half yearly commentary on what’s topical in the agriculture sector: Click Here (for edition 17) Blog Entry by: James Cater
Following the publication of the Agriculture Act 2020 it is now clearer how subsidies to agriculture are going to change, with the first predominant feature being the running down of the Single Farm Payment regime. For farmers in parts of Norfolk and Suffolk there is opportunity to tender to participate in a £320,000 project to…
While the Coronavirus pandemic holds our attention it is easy to overlook other changes taking place in its shadow. From 1 June 2020 new electrical safety regulations have come into force which apply to all new lettings of dwellings; from 1 July 2020 (tomorrow!) the regulations will be extended to cover all existing lettings of…