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Ray Symons
By Partner Ray Symons

VAT is often regarded by farmers as being quite straightforward. However, this is often not the case due to the amount of diversification that now occurs. Whilst most sales in the past were zero rated it is now common for some of them to be standard rated or exempt. This can have implications for VAT.

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Sheldon Cole
By Tax Partner Sheldon Cole

March has finally arrived. The month in which Somerset start playing cricket again (notwithstanding yesterday's snow on the Quantock Hills). And the month in which the Government is seeking to invoke Article 50 to commence the process of withdrawing Britain from the EU.     

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This month we get to know one of our young bright sparks, Lauren Thornhill, an Okehampton based Accounting Technician.  

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We’re delighted to welcome our new Tax Partner, Sheldon Cole (pictured right with Richard Thomas), who joins our growing team in the South West.

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Stuart Carrington
By Partner Stuart Carrington

HMRC have recently provided updated guidance on the new Common Reporting Standard, and how it applies to charities. This is a new and complex piece of legislation brought into UK law via a treaty with the USA. Its purpose is to ensure global tax transparency and prevent tax evasion.  It came into effect on 1st January 2016 and the first reports are needed by 31st May 2017 under threat of penalties.

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Chris Hill
By Partner Chris Hill

There is a new source of grant funding available across the South West to businesses operating in rural areas. This is European Agricultural Fund for Rural Development (EAFRD) funding and it is now available to support projects that increase rural jobs, growth and productivity in rural areas.

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Peter Brown
By Agricultural Consultant Peter Brown

What action can individual businesses take to survive?

Family farms have always been part of our countryside, but numbers have been declining as the pressure on farming increases, and through lack of succession, as the next generation choose to move away from the farm.

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Mark Tibbert
By Tax Partner Mark Tibbert

Below are some key financial dates and deadlines for March 2017.

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For the first profile of the new year we meet one of our rising stars from the Plymouth office, Trainee Chris Maddison. 

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We’re very proud to be sponsoring a charity fashion show in Exeter to raise funds for charity Life Education Wessex, an organisation that delivers health, wellbeing and drug prevention education to children and young people.

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