Accountants and Tax Specialist for Farmers, Landowners and Agribusinesses

Odiri Tax Consultants & Farming Accountants - Tax and accounting services in Peterborough
Struggling with Tax & Finances? Let’s Simplify It for You!

As a farmer, landowner, or agribusiness owner, you have enough to worry about—tax and accounting shouldn’t be another headache! With constantly changing tax laws, VAT complexities, and succession planning challenges, getting the right financial support is essential for protecting your land and profits.

 

That’s where we come in! At Odiri Tax Consultants & Accountants, we specialise in helping farmers and agribusinesses navigate the financial landscape with ease, efficiency, and expert guidance.

Expert Tax and Succession Planning for Farmers

Retire from daily farm operations confidently with our expert advice on tax-efficient succession planning. Our team helps you transfer business assets to the next generation while addressing the needs of three generations. We specialise in inheritance tax relief, ensuring you maintain your lifestyle throughout retirement. Receive guidance on Agricultural Holdings Act (AHA) tenancy succession, setting up contract or share farming agreements, and making lifetime gifts of land, property, or shares. We also provide a thorough review of your inheritance tax exposure and collaborate with your legal advisers to enhance the tax efficiency of your wills.

 

 

Our services include:

 

  • Lifetime gifts and succession planning
  • Inheritance tax business property relief
  • AHA tenancy succession and contract farming agreements
  • Comprehensive inheritance tax position review
  • Collaboration with legal advisers for tax-efficient wills

Inheritance Tax, Trusts and Estate Planning

Unlock the key to preserving your wealth for generations to come.

 

Our team of expert tax advisers will guide you through the complex world of inheritance tax planning, ensuring that your assets are passed on in the most efficient and effective way possible. We take into account your unique circumstances and objectives to create a tailored plan that suits your needs.

 

Say goodbye to the stress and confusion of estate planning. Let us handle the intricacies and provide you with a comprehensive, personalised service that puts your interests first. Secure the future of your wealth and assets with our holistic approach.

Mitigate inheritance tax with our flexible planning options.

 

Planning for the future can be daunting, but with our range of options including Trusts, Gifts, Wills, and more, we can help you navigate the complexities of inheritance tax. Our advice is tailored to your specific needs, ensuring you have a plan that works for you.

Take control of your financial future and ensure your assets are passed on as you intend. Our team can optimise your tax position, prepare compliance requirements, and provide regular tax efficiency reviews to keep your plan on track.

 

Stamp Duty Land Tax Advice For Farming Businesses

Say goodbye to complicated partnership transactions with our expert guidance.

 

Running a farming business as a partnership can be challenging, especially when it comes to transferring property in and out of the partnership. Our team of experts can review your transactions to ensure you don’t incur unexpected SDLT costs, saving you time and money.

 

With our help, you can navigate the complex rules surrounding partnership transactions with ease, giving you peace of mind and allowing you to focus on growing your business.

 

Property Purchases 

Don’t let the complexity of property acquisitions overwhelm you. Ensure you’re paying the correct rate of SDLT with our expert review services. Whether it’s residential property or farmland, we can help establish the best options for you to save on SDLT.

 

Imagine the peace of mind knowing you’ve paid the right amount for your property purchase. With our assistance, you can navigate multiple dwellings relief and mixed-use acquisitions with ease, reducing the total SDLT payable and saving you money in the long run.

 

 

Other Services

Capital Gains Tax Advisory On Property Disposals

Whether you're selling property or gifting it to the next generation, our expert tax advice can help minimise your Capital Gains Tax (CGT) liability. We provide guidance on tax reliefs, structuring to enhance tax benefits, and the use of spouses to spread CGT liabilities. From preparing computations to reporting to HM Revenue and Customs, we cover every detail to ensure a smooth transaction.

Farms & Estates Preparation of annual accounts & tax returns

Our expert team in Peterborough specialises in providing comprehensive annual accounts tailored to the needs of farmers and agricultural businesses. By understanding your unique business operations and key drivers, we ensure that your accounts and tax returns are optimised for maximum efficiency. We specialise in critical tax considerations such as capital allowance claims, farmers averaging, loss relief, and herd and flock elections. Partner with us for detailed and accurate accounts management designed to enhance your farm’s financial health.

Incorporation of a Farming Business

Thinking about incorporating your business? Discover the benefits with our professional advice and assistance. Incorporation can offer potential tax savings, enhanced income tax planning, and limited liability, making it a wise choice for many businesses. We provide tailored services, including the estimation of tax benefits, asset inclusion advice, and strategies for keeping parts of your business separate.   We also handle the necessary legal and HMRC communications for a seamless transition. Trust our expertise to guide you in forming a tax-efficient structure that supports your business and family needs effectively.
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