An office with a view 😍 - it's another beautiful day down at Butler & Co HQ! 😄☀️❄️

It's moving day! Once we are all settled please feel free to pop in and take a look at our lovely new office, we'd love to share our excitement with you all in our new home Our new Address is: The Old Stables Sutton Manor Farm Bishop’s Sutton Alresford Hampshire SO24 0AA

Review the current structure of #FHLs as part of full succession planning in anticipation of the government's decision. Farms - review trading operation in the context of this & all tourist activity.

#Budget2024 proposed abolishment of Furnished Holiday Let (FHL) Tax advantage has been omitted from the #FinanceBill with no real explanation. April2025 abolishment start date may have to be delayed. Suggestions that the proposed abolishment will be put into consultation.

31 March deadline announced to claim 130% #superdeductionrelief for #capitalallowances on new plant and machinery expenditure for items in use by the deadline.

The ‘How Development’ case article Walk in the woods shows the advantages of commercial woodland for SDLT tax relief also helping a claim for mixed rate #SDLT and #IHT relief in the form of both #BPR and #APR. The income can also be tax free if the conditions are met.

#Finance Bill 2021 has received Royal Assent and the temporary ability to carry back losses for 3 years rather than 1 year is now in force. For help with your strategy around claiming business tax losses please contact jennie@butler-co.co.uk

R&D tax relief is very important/essential to the financial survival of #farmers as they have to cope with loss of #subsidies and the change to #farming for the #environment and innovation. Listen to Julie Butler’s conversation with Radio 4 ‘Farming Today’ bbc.co.uk/sounds/play/m000vy…

#SDLT holiday continues! The threshold above which #SDLT is payable remains at £500,000 to 30 June 2021. The threshold then falls to £250,000 until 30 September 2021 and goes back to the previous level of £125,000 on 1 October 2021.

Much speculation abounds about the contents of the #budget & the contents of the consultations on 23 March together with suggestions that the #SDLT holiday will be extended to 30 June 2021 there is much uncertainty for #taxplanning. Look out for updates after the #budget tomorrow

#Agricultural Transition Plan from #DEFRA moving from area-based to environmental based subsidies leaves farm ‘business plans & strategy’ in disarray as lack of detail on how the #ELMS subsidies will work! #BPS halved by 2024! #tax uncertainty & changes promoted by #OTS & #APPG!

#£1m AIA limit extended until 31 December 2021 means no pre-Christmas rush to buy computers, plant and equipment to maximise the advantages - the tax advantage will still be around throughout 2021! Any queries contact Fred@butler-co.co.uk

#Agriculture Act 2020–subsidies change from #area based to #environmental land management #APPG suggesting #APR for #IHT stopped #OTS suggesting #CGT brought in line with IT rates, could CGT on farm & development land sells double from 6 April? Here to help: fred@butler-co.co.uk