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Family farms

We are proud to act for family farms, which represent the backbone of the UK agricultural industry.

Whilst each farm is different, our knowledge of the sector means we can assess the commercial metrics of most arable and livestock operations. We tailor our accounts to focus on this.

The Basic Payment Scheme and environmental schemes are key to most family farms. As our client, we will work with you to develop post-Brexit strategies for prospering without these schemes.

Many farming businesses are not large and the cost of professional input has to be carefully scoped to be of true value. We are very well connected in the agriculture professionals’ arena and we work with them on many such businesses.

As well as ongoing operational issues, your family farm probably has or is developing non-farming revenue streams from surplus property or innovative use of other assets. We will help you plan these for optimum tax efficiency and commercial performance.

Your family will also have to deal with succession. These plans need to be made well in advance of any transfer of ownership. BKL will make this simple, well defined and tax efficient. Reconciling the interests of the family farming member and the interests of their siblings may not be easy, but we will help you find the best answer.

For more information or help from one of our farms and estates specialists, please contact us using our enquiry form.