The process of becoming an academy requires a big change to the culture, management and financial administration of your school. And as we pointed out in our last blog, there are plenty of areas where you will need to plan ahead to make sure the right levels of financial management are in place. If your…
Author Archives: Jennifer McDairmant
In Budget 2016, the Government confirmed its plans for every school in the UK to convert to academy or free school status by 2020 – or to be actively planning to make that change. If you are the head or management team of a school that’s yet to make this change, this presents a big…
If you’re looking to gift money or property to your family, it’s vitally important that you consider the impact of inheritance tax and capital gains tax on these gifts. The tax implications can be complex, but with the right advice and the right inheritance planning, it’s possible to save up to 40% of your inheritance…
There’s a strong tradition of farming being a family affair. And when you’re running a family business, you’re no longer just managing a farm; you’re also the custodian of an ongoing farming enterprise that must provide for future generations. So it’s hugely important to take a long-term view when making business decisions about your farming…
Farming is one of the staple industries of the UK economy. But it’s also a sector where revenues and profits can fluctuate greatly depending on market forces and economic conditions. If you’re running your own farming business, it can be a challenge to keep on top of the dynamic nature of these fluctuating profit margins….
Getting a better understanding of your tax liabilities is a fundamental tool in improving the financial success of your farm or agricultural business. As we highlighted in our previous blog, it’s vital that you have a clear focus on maintaining positive cash flow and have profitability built into your farm’s business model.  And one of…
When push comes to shove, you want your farm to turn a profit. All the early starts and long working days should translate into a healthy year-end profit – but that will only happen if you’ve got control over your spending, revenues and cash flow. So, how do you address the issue of getting on…
Farming isn’t an industry for the faint-hearted. It’s tough, physical work that requires strength of spirit and real tenacity to keep the business stable and turning over enough revenue to keep the farm afloat. Here at Saint & Co, we appreciate that it can be difficult to drag yourself away from the day-to-day running of…