Agriculture and Farming
Specialist agricultural and farming accountants in Somerset
At PW John & Co accountants in Weston-super-Mare, our team have worked as agricultural and farming accountants for landowners and farmers across the South West for more than 40 years.
Farming is fundamental to the region’s economy and we are proud to support our agricultural clients throughout Somerset, Devon, Cornwall, Dorset, Wiltshire and Gloucestershire.
Why use specialist farming accountants?
Farming is one of very few business sectors that relies on living produce – this makes farm accounting more complex when it comes to dealing with assets and liabilities.
An accountant who is experienced in working with farmers and landowners will be familiar with the unique rules or treatments that might apply to your business – the supply of dairy animals and honey bees, for example, are zero rated for VAT, whilst the supply of horses and bumble bees are standard rated!
A specialist farming accountant will be aware of any potential threats or opportunities that your business might encounter and will have experience in future planning for businesses that are similar to yours.
Our experienced team understand that farmers and landowners require specific services from their accountant. If you choose to work with us, we will keep you up to date with any topical tax matters or changes in compliance – so you won’t have to worry about missing submission deadlines or incurring penalties.
Our experts in agricultural accounting can assist you with;
- Company formation
- Accounts preparation
- Self-assessment tax returns
- Book keeping
- Tax planning
- VAT
- Payroll
- Finance or growth strategy
- Inheritance tax planning
Contact our team of agricultural and farming accountants
We offer a variety of fixed rate accounting and book keeping packages tailored specifically for farmers and landowners and our dedicated team of accountants are always on hand to deliver expert advice and support whenever you need it. We will work with you in any way that suits you – in person, on the phone or online.
Please contact us to find out how our expert agricultural and farming accountants could help you. Or book a free consultation to discuss your requirements in more detail. We look forward to hearing from you soon!
Thinking about diversifying? Find out more about our specialist accountancy services for holiday park, caravan park and park home operators.
Here are some more resources that you might find useful;
SFI Annual Health and Welfare Review for Farmers
Slurry Infrastructure Grant for Farmers
Grants for Farmers to Protect Against Beaver Activity
Grants for farmers in Areas of Outstanding Natural Beauty and National Parks
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FAQs – Farming Accountants
Can you help with making tax digital for farmers?
Yes. At PW John & Co, we are specialists in Cloud accounting software and can help with all aspects of MTD to ensure that you and your farming business are fully compliant.
What is the best farm accounting software?
There is a variety of accounting software available for agricultural businesses. The right accounting software will save you time, enhance your decision making and streamline your accounts preparation. Our team are proficient in most software packages and can advise you on the most suitable option for your farming business.
Do you provide tax advice for farmers and agriculture?
Yes. We can assist with all of your accounting and tax needs. Our team posses over 10 decades of combined accounting experience – so you can rest assured that your farming business will be in safe hands with us.
Can you assist with succession planning for a farming business?
Yes. We appreciate that succession planning can be emotionally challenging. Our tailored services aim to ensure a smooth transmission of assets, whilst looking at ways to minimise your tax liabilities.