With 150 years combined knowledge and expertise in the agricultural and horticultural sector, we at Sowerby understand that farming is more than just a business to many of those who work the land.
That said, we also know that like any business, the need to maximise profitability and minimise tax liabilities remains key.
We are aware of the challenges faced on a daily basis by those within the agricultural and horticultural sector. Fluctuations, both in sales prices for your commodity and the costs of materials, can be devastating.
Our partners are also aware of the capital-intensive nature of the business and the need to be tax effective. With this in mind, it has always been our view that investment in new machinery should only be when necessary, and not with the aim of saving on tax.
Many of our farmer and horticultural clients have been open to the idea of diversifying risk or intensifying the business to ensure future profitability. They usually fall into the following sectors and each has unique problems to face:
- Arable farming
- Livestock Farming
- Renewable Energy and Fit Business