Albert Goodman wins Rural Business Award

22nd October 2018 – Albert Goodman’s Farms and Estates team are proud to announce themselves as Rural Business Award winners in the category of Best Professional Services business at this year’s South West Rural Business Awards. Iain McVicar and Sam Kirkham, Partners in Albert Goodman’s Farms and Estates Team, accepted the award on Thursday 18th […]

FRS 102 for Farmers

Not just accountants technical jargon but impacting your accounts   One of the most substantial changes to accounting standards in a generation is now in force with the introduction of the key new standards FRS 102, FRS 102.1A for small entities and FRS 105 for micro entities.   Whilst this might sound like technical jargon […]

Are You Really Farming?

Why does “Farming status” matter? “Farming status” is a very important question for those who ‘farm’ their land through grazing or cropping licenses, contract or share farming arrangements. HM Revenue and Customs are often raising this question – whether you are farming or not can have significant tax consequences. The case of John Carlisle Allen v HMRC […]

Farmers and bank managers. The importance of knowing each other.

Who is your bank manager? This might seem a simple question for most farmers; however, for some agricultural businesses, this is a key question, which may require action. The importance of farmers and bank managers getting to know each other has rarely been more important. During the last couple of years, the low farm-gate prices mean […]

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