Farm Accounts

Whether you are expanding, retiring, incorporating, restructuring or would like to be advised on your banking requirements, financial statements and or taxation liabilities. APW Accountancy have the knowledge to help you. If you are new to farming, we can advise on structuring your business in the most efficient manner.

Farm taxation is a complex and often misunderstood area of taxation. We have in depth knowledge of specific reliefs available to farm businesses which can significantly reduce taxation in the short and long term.

With new regulations, we are now experts in farm incorporations and at APW Accountancy we can handle the transition from sole trade or partnership to company. We will assist you to incorporate the company, registering it, and completing the accounts production. We’ve made a successful transition with many farming enterprises. Farm incorporation need not be a daunting prospect for anyone anymore.

Our Services include:

  • Company Incorporation
  • Stock Relief – General Scheme
  • Stock Relief for young trained farmers
  • Income averaging
  • HP V Leasing options
  • Stamp Duty exemption (young trained farmers)
  • Rollover relief
  • Long Lease relief
  • Capital Gains Tax – Retirement Relief
  • Employing family members
  • Tax credits available to partnerships
  • Vat Registration

 

Contact us to ensure you are availing of all reliefs available and that you are structured in the best possible position for your individual circumstances.