The recent government initiative for Making Tax Digital will affect individuals and businesses within the agricultural sector but an upcoming seminar from legal and financial experts will make clear the potential implications.
Leading law firm Thorntons and Scotland’s largest independent chartered accountants Johnston Carmichael are offering advice and guidance in rural law and finance at a seminar in Forfar later this month.
Karen Wilson, business advisory manager from Johnston Carmichael will provide an update on Making Tax Digital, a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their tax affairs.
The possible implications of Brexit on the rural sector will be highlighted by immigration law specialist Jamie Kerr from Thorntons. He will also discuss the potential impact on the sector’s ability to access and retain skilled and unskilled labour.
Other speakers include Robin Dandie, Partner and head of agriculture and Johnston Carmichael who will speak about accounts and tax issues affecting the sector and Christian Melville from Thorntons will address the consequences of the Succession (Scotland) Act 2016 for families looking to pass down agricultural land through the generations.
The session will be chaired by Andrew Steel, Director with Lawrie & Symington
Robin Dandie, Head of Agriculture and Partner at Johnston Carmichael, said: “The landscape for farmers is constantly changing. The introduction of the Government’s initiative ‘Making Tax Digital’ is yet another upcoming challenge and farmers need to be aware of how this will affect them and their business and we hope to touch on some of the key points at this seminar.”
Christopher Lindley, Land and Rural Partner at Thorntons, said: “Our seminars provide an opportunity for people to access specialist advice and ask questions to experts on key issues that affect their business and livelihood.
It’s great to hold this event at Forfar Mart and we hope the Angus farming and rural community will find it highly beneficial.”
The free rural finance and law seminar will take place on Thursday 9 March at Strathmore Hall, Forfar. Refreshments will be served from 6:30pm and the seminar will begin at 7pm until 8:30pm.
There are a limited number of places available, for full details of the seminars and to book a space in advance, please visit www.thorntons-law.co.uk/events. Alternatively call Johnston Carmichael 01307 465565 or email firstname.lastname@example.org or call Thorntons 01307 466886 or email email@example.com
Thorntons is a legal firm made up of individuals whose skills and knowledge encompass much more than the law.
Scotland's largest independent firm of Chartered Accountants and Business Advisers