Author Archives: William Robinson

English BPS & the Lump Sum Exit Scheme

Defra have at last put some meat on the bones of the guidance for applying to claim the English Lump Sum Exit Scheme – unfortunately the guidance is still lean in some areas. Full current guidance is at https://www.gov.uk/government/publications/lump-sum-payments-for-farmers-who-leave-or-retire-from-farming-and-delinked-payments/lump-sum-exit-scheme-and-delinked-payments-how-the-payments-will-work If you claim the Lump Sum, you would not be able to claim BPS going forward…

LESS THAN 5 MONTHS TO Making Tax Digital for VAT (MTDfV)

If your business is not already filing MTD VAT Returns and is VAT registered, regardless of whether your turnover is over or under £85,000, it will be become mandatory to file these directly with compatible software. So what is MTDfV? In short, if your business is VAT registered, it will need to file VAT returns…

LESS THAN 7 MONTHS TO Making Tax Digital for VAT (MTDfV) becomes compulsory

Making tax digital for VAT

If your business is not already filing MTD VAT Returns and is VAT registered, regardless of whether your turnover is over or under £85,000, it will be become mandatory to file these directly with compatible software for the first VAT return period starting on or after 1 April 2022. If you have a VAT return…

How can I manage costs and drive the profitability of my farming business? 

Your farming business is incredibly important to you – not just because of your connection to the land and your passion for your community, but because it’s how you support yourself and your family. There are so many elements of business you’re considering, and a very important one is your finances. By being aware of…

New Corona-virus grants via local Councils, in particular Allerdale Borough Council

As you may have heard, local councils have recently been receiving funds for the Restart Grant (RG) and Spring Back Payments (SBP). Applications may also still be possible up to 31 May 2021 to claim on the Local Restrictions Support Grant (Closed) (LRSGC). If you are eligible for the LRSGC grant and haven’t yet received…

Carlisle Council Local Recovery Grant from May 2021

If you run a business that falls in the Carlisle City Council area, you may now be eligible to claim under the latest Additional Restrictions Grant, called the Local Recovery Grant. Over £900,000 has been allocated to Carlisle Council for this purpose, however, if you feel you are eligible to claim, unlike some previous grants,…