Accountants and Tax Specialist for Farmers, Landowners and Agribusinesses

Odiri Tax Consultants & Farming Accountants - Tax and accounting services in Peterborough
Agricultural Accountancy & Tax Advisory for Farmers, Landowners & Agribusinesses

Expert Financial Strategy Rooted in Rural Realities

At Odiri Tax Consultants, we provide far more than basic accounting. We deliver deeply specialised tax planning, strategic financial management, and compliance solutions tailored exclusively for the UK’s rural economy.

Whether you’re managing a multi-generational family farm, navigating a complex land portfolio, or expanding into renewable energy, our team understands the agricultural industry’s seasonal pressures, regulatory challenges, and unique tax reliefs in a way few others do.

We help you protect your land, optimise your income, and ensure your business is ready for the next generation.

Our Specialist Services for the Agricultural Sector

Farming Accounts & Financial Reporting

We produce clear, compliant, and insightful accounts tailored for land-based businesses — giving you a precise picture of your performance and position.

We help with:

  • Annual accounts for sole traders, partnerships, and limited companies
  • Farm stock valuation (livestock, feed, crops)
  • Profit and loss analysis by enterprise (e.g., arable, livestock, tourism)
  • Cost centre reporting for diversified activities
  • Cashflow forecasts to manage seasonal variation
  • Treatment of capital grants and machinery purchases

Numbers you can trust. Reports you can use. Insight you can act on.

Tax Returns & Agricultural Reliefs

Farming and landownership offer powerful tax reliefs, but only if claimed correctly. Our specialist team ensures you comply with HMRC and make the most of every available allowance.

Expert support with:

  • Self-assessment and Corporation Tax returns
  • Income averaging for farmers (to smooth out variable profits)
  • Claiming Agricultural Property Relief (APR) — up to 100% relief
  • Business Property Relief (BPR) for trading assets
  • Capital Gains Tax (CGT) planning and rollover relief
  • Treatment of grant income and diversified income streams
  • VAT on land, property, and mixed-use activities

“Your accountant should understand the difference between a barn conversion and a byre — we do.”

Farm Succession Planning & Generational Transfer

Succession is one of the most sensitive — and strategic — areas of rural tax planning. Without careful structure, family wealth can be lost to tax or legal disputes.

We guide you through:

  • Succession planning for family farms
  • Lifetime gifts of land, shares, or business assets
  • Balancing fairness across siblings and family stakeholders
  • Capital Gains Tax and Inheritance Tax advisory
Inheritance Tax (IHT), Estates & Trust Advisory

Land is one of your most valuable assets. We help you protect it through forward-thinking estate tax advisory. 

Services include:

  • Comprehensive IHT exposure analysis

  • Asset protection using trusts

  • Tax-efficient will reviews

  • Working with solicitors and executors on probate

You’ve worked hard to build your estate — we help you pass it on with peace of mind.”

 

Diversification & Rural Business Structuring

More farms are turning to non-traditional income streams — glamping, livery yards, events, solar panels, retail — but many don’t understand the tax impact.

We provide clarity on:

  • Structuring diversification income within your farm
  • Choosing between sole trader, partnership or limited company
  • VAT implications for new income streams
  • Business  capital allowances review
  • R&D tax relief for agri-tech innovations
  • Setting up separate trading entities where appropriate

“Grow your business, not your tax bill.”

Payroll, CIS & HMRC Compliance

Employing farm staff, contractors, or seasonal workers? We’ll handle payroll, tax deductions and pension obligations — giving you more time to run your business.

Services include:

  • PAYE registration & real-time submissions
  • Construction Industry Scheme (CIS) reporting (for fencing, drainage, construction)
  • Workplace pension setup and compliance
  • Payslips, P60s, and HMRC reporting
  • RTI-compliant systems for monthly and seasonal payroll

 

Agricultural Accountancy & Tax Advisory Frequently Asked Questions (FAQs)

What makes agricultural accounting different from standard business accounting?

Agricultural accounting is unique because it must take into account farming cycles, seasonal income, land ownership structures, DEFRA schemes, and multi-generational succession. It also requires specific knowledge of tax reliefs such as Agricultural Property Relief (APR) and Business Property Relief (BPR), which are not typically relevant in standard business accounting.

What tax reliefs are available for farmers and landowners?

Farmers and landowners may be eligible for a range of tax reliefs, including Agricultural Property Relief (APR), Business Property Relief (BPR), Capital Gains Tax Rollover Relief, Capital Allowances, and Income Averaging Relief. These reliefs help reduce liability on inheritance, capital gains, and annual profits, provided certain conditions are met.

Do you work with diversified farm businesses such as glamping, farm shops, or solar panel income?

Yes, we regularly advise clients who have diversified into non-traditional farming activities. We assess how these ventures impact your VAT and tax position, and we help you structure them in a way that protects your eligibility for APR, BPR, and other key reliefs.

Can you help with inheritance tax and farm succession planning?

Yes, inheritance tax planning is one of our core services for farming families and landowners. We help structure your estate and business to qualify for reliefs, ensure a smooth handover to the next generation, and avoid large tax bills that could force the sale of land or assets.

Do you advise both tenant farmers and landowners?

Yes, we provide tax and accountancy services for both tenant farmers and landowners. We understand the specific tax implications of tenancy agreements under the Agricultural Holdings Act and Farm Business Tenancies, and tailor our advice accordingly.

Do you provide Making Tax Digital (MTD) support for farming businesses?

Yes, we support clients with MTD for VAT and the upcoming MTD for Income Tax. We register your business with HMRC, set up compliant software, provide training, and handle quarterly submissions and annual declarations on your behalf.

Do you work with clients across the UK?

Yes, we work with farmers, landowners, and agribusinesses across England, Wales, and Scotland. Our cloud-based systems make it easy to serve clients remotely, and we also offer on-site consultations where required for larger or more complex operations.

Ready to Take Control of Your Farm's Finances?

Whether you're a farmer, landowner, or run a rural estate, expert tax planning and accountancy can save you thousands and protect your legacy for future generations. At Odiri Tax Consultants, we specialise in agricultural tax, inheritance planning, and digital compliance — helping farmers across the UK stay profitable, HMRC-compliant, and future-ready. 📞 Speak to a farming tax expert today on 01733808075.
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