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Written by Ian Hayes
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Tuesday, 31 January 2012 17:41 |
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Leading rural advisors Saffery Champness, chartered accountants, and Smiths Gore, land agents and chartered surveyors, have said that the proposal for a ‘Mansion Tax’ is fraught with anomalies. The new property tax which the Liberal Democrats are pressing to be included in the Chancellor’s Budget on 21 March would, it has been suggested, be levied at a rate of 1 per cent on properties valued above £2 million. |
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Written by Ian Hayes
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Saturday, 21 January 2012 18:51 |
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Time running out to file accounts, says Saffery Champness
Saffery Champness is reminding landowners, farmers and rural businesses that the new tax penalties for self-assessment returns are now in force for late filing of self-assessment tax returns. Mike Harrison, a partner of Saffery Champness Landed Estates and Rural Business Group, says: “The deadline for taxpayers registered for Self-Assessment to file on paper for the 2010/2011 tax year expired on the 31st of October, but they can still file on-line up to midnight on the 31st of January 2012”. |
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Written by Colin Thomson
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Monday, 02 January 2012 11:14 |
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Farmland values - 5 per cent growth predicted in 2012
The capital value growth of UK farmland is forecast to outperform many commodities markets, residential property, UK gilts and West End offices, according to Savills rural research who expects the average value of farmland in the five years from 2012 to increase by 36%. More immediately we are predicting average growth of 5% in 2012. This forecast growth follows a substantial rise in average farmland values over the past five years (138%) which was significantly greater than that recorded for either residential or commercial property or equities. |
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Last Updated on Monday, 02 January 2012 11:20 |
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Written by Ian Hayes
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Tuesday, 13 December 2011 09:25 |
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Havenills & Brockton Farm- sold as a business
The lawyer behind the £5m sale of Shropshire farming business Havenhills and Brockton Farms has said the deal ‘magnifies’ the county’s farming credentials. Rural affairs specialist Sarah Baugh, the central legal figure behind one of Shropshire’s largest commercial land sales, believes the deal on the 613-acre farm will put Shropshire’s widely-admired agricultural pedigree firmly in the spotlight. |
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Last Updated on Tuesday, 13 December 2011 09:30 |
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Written by Ian Hayes
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Monday, 02 January 2012 10:52 |
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Mike Harrison - Saffery Champness
UK top 20 accountancy firm Saffery Champness says that as succession remains a major concern for owners of estates, historic properties and other land based businesses, and will continue to be so, Christmas and the New Year break provide a good opportunity for families to set time aside to discuss this vital issue and its wider implications. The succession of landed estates and heritage properties has long been an over-riding concern, according to the Saffery Champness Landed Estates and Rural Business Group. Succession planning is often at the top of the agenda at meetings with trustees and owners of properties who are concerned that the next generation is well placed and prepared to take forward what have often become increasingly complex businesses. |
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Last Updated on Monday, 02 January 2012 11:00 |
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Written by Ian Hayes
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Saturday, 10 December 2011 09:29 |
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The Scottish Government’s recent capital spending review has been given a cautious welcome by landowner membership organisation Scottish Land & Estates. Head of Policy at Scottish Land & Estates Sarah-Jane Laing commented: “It is encouraging to see that the Scottish Government is looking to achieve maximum value for taxpayers’ money through the capital spending review, particularly in relation to the delivery of affordable housing . |
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