My Latest Blogs
1st October 2021
Whitings LLP Conversion
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. However, some things at Whitings won’t be…
30th September 2021
New Environmental Land Management Scheme
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…
10th September 2021
MTD: Eight out of Ten Cats
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…
28th July 2021
Potato store tribunal ruling
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…
4th June 2021
Delivering Rural Investment for Vital Employment
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…
27th May 2021
DEFRA’s Lump Sum Exit Scheme
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…
7th December 2020
Farming Update: Winter Newsletter
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
4th December 2020
Agriculture Act 2020 – Changes to subsidies for agriculture
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…
30th June 2020
New electrical safety regulations for all landlords
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…
6th May 2020
Temporary changes to pension processes as a result of Coronavirus (COVID-19) relating to loan payment and rent holidays
Although some sectors of agriculture are weathering the coronavirus storm quite well for others there are serious issues. For those whose cash-flow has been particularly impacted and who have loans or rent, land or buildings from SSAS or SIPP pension schemes a recent announcement from HM Revenue & Customs may offer some help:- HMRC…