From January 2015, farmers will no longer be entitled to claim subsidies on fields covered by solar panels. The announcement was made by Elizabeth Trust, Secretary of State for Environment, Food and Rural affairs, as a drive to encourage food production from land, and to slow the growth of the land based solar parks throughout England and Wales. This comes on the back of another recent announcement of reduced incentives for large scale land based solar parks from next April, with stricter planning rules. Together these reduce the attractiveness of such investments going forward, with serious need for investment appraisal before embarking upon.
It is also felt that such a move will deliver better value for the taxpayer with a saving in the region of £2m per year, as well as achieving greater benefits for rural communities, wildlife and the wider environment.
However, opportunity and incentive still remains for solar panels on roofs of buildings for example south facing cattle shed, as a source of diversified income and, at present, capital allowances are available to set off against profits of the business.
Thomas Westcott is delighted to be co sponsor of the Volunteer Ability Award at this years' Volunteer of the Year Awards hosted by Devon Community Foundation and taking place this Thursday 23rd October 2014.
Shona Godefroy and Steve Cresswell two partners from the Thomas Westcott specialist charity team will be attending the evening at the RAMM to present the award.
This year there will be five awards:
* The Devon Community Foundation Thriving Community Award
* The Trustee of the Year Award
* Creating Opportunities for Children & Young People Award
* Helping People Grow Volunteer of the Year Award
* Volunteer Ability Award ~ sponsored by Thomas Westcott & St Loye's Foundation
The nominees for this Award are:
Seize the Moment - Janice Copp
Special Olympics Exeter & District - Paul Gray
Access all Aerials - Rowland Crow
This years' charity golf day held at Teignmouth Golf Club raised a fantastic £3600 for the South West Multiple Sclerosis Centre in Exeter. We had beautiful sunny weather and a great day was had by all. Congratulations to our winners (pictured below) and a huge thank you to all the teams who entered, our sponsors and organisers for your continued support.
Our Honiton office was buzzing with activity yesterday raising funds for East Devon Day Hospice.
A cake sale and raffle were the main highlights of the day. The team raised a fantastic £145.51 and Thomas Westcott has pledged to match this making the total raised from the day up to £291.02
Financial Reporting Standard 102 will become the new accounting standard for unlisted medium and large sized companies in the UK. It applies to accounting periods commencing on or after 1 January 2015 however there will be a need to restate comparatives where differences in the new accounting treatments arise. There is an option to adopt early if you wish for any accounting periods ending on or after the 31 December 2012 however we feel that early adoption is unlikely for most companies.
A number of key accounting differences arise on implementation of the new standard. Please come along to one of our breakfast business briefings where we will be discussing the differences in more detail, or please contact Shona Godefroy, Head of Audit and Assurance, on 01392 288555.
Tuesday 11th November - At The Barnstaple Hotel, Barnstaple, EX31 1LE
Tuesday 18th November - At The Devon Hotel, Exeter, EX2 8XU
08.00 - 08.30 - Breakfast and Networking
08.00 - 09.30 - Presentations and Questions
Please RSVP to Olivia Burls - email@example.com or 01392 288555
We are delighted to announce that we have launched a Manufacturing & Technology specialist team, Chris Hill, Partner in our Exeter office will be heading up the team, the other members are Shona Godefroy (Exeter & Plymouth offices), Mark Tibbert (North Devon offices) and David Cresswell (Barnstaple office).
A newsletter has also been launched in conjunction with the new team, please CLICK HERE to read.
We hope you find the newsletter interesting and informative, if you have any comments or questions about the newsletter or the team, please do not hesitate to contact us.
Chris Hill 01392 288555 or firstname.lastname@example.org
This year the Thomas Westcott Charity Golf Day in aid of the South West Multiple Sclerosis Centre will be held at Teignmouth Golf Club on the 2nd October, the event has been running for many years and is a fun day of golf followed by dinner.
There is still time to enter a team, if you have any questions about the day or would like to enter a team please contact email@example.com or call 01271 374138
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