Why choose Duncan & Toplis?
We have over 90 years’ experience serving this sector and are one of the leading firms of agricultural accountants in the East Midlands.
Coupled with the farming backgrounds of our specialist team, we offer unique perspectives on the strategic issues faced by the industry, including key decisions on finance and taxation.
Diversification into renewables?
Between 2012 and 2016 more than half of our agricultural clients have invested in renewable projects and many are still planning to invest.
Effective tax planning and tax relief
The current tax regime gives businesses 100% tax relief on the first £200,000 of capital expenditure on plant and machinery. The tax rules are complex and forward planning is essential to structure expenditure correctly to get the best tax treatment.
Retirement and business structure
This needs to be planned strategically to maximise wealth and guarantee the availability of alternative assets that can be handed down while allowing for ongoing retirement income and a place to live.