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Spotlight on insurable risks and tax management for the agricultural sector


Spotlight on insurable risks and tax management for the agricultural sector

Forfar rural businesses offered advice to prepare for developments in the industry

Leading law firm, Thorntons, and Scotland’s largest independent chartered accountants accountants and business advisers Johnston Carmichael, are offering advice and guidance in rural law and finance at a seminar in Angus on Thursday 14 March.

Attendees will be provided with a summary on insurable risks, legal expenses cover as part of an insurance policy and post-event insurance during the seminar from solicitors at Thorntons.

Thorntons will also offer advice on Wills and Powers of Attorney during a session on the importance of succession planning in the industry. Johnston Carmichael will support this by outlining tax aspects of succession planning within the family farming business – an element often overlooked in the industry.

Representatives from Johnston Carmichael will provide an update on the imminent Government initiative Making Tax Digital, and how it will affect rural businesses in the near future.

Chris Lindley, Land and Rural Business 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. We believe all attendees and the Angus farming and rural community will find it highly beneficial.”

Robin Dandie, Head of Agriculture and Partner at Johnston Carmichael, said: “We’re delighted to be holding this event again for the fourth year. The landscape for farmers is constantly changing and the introduction of Making Tax Digital is another change which farmers need to be aware of. We hope to touch on some of the key points at this and also discuss some of the tax issues around succession planning.”

The rural finance and law seminar will take place on Thursday 14 March at Strathmore Hall, Forfar Mart.  Refreshments will be served from 6:30pm and the seminar will begin at 7pm until 8:30pm.

The session will be chaired by Andrew Steel, Director with Lawrie & Symington.

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 465 565 or email jcevents@jcca.co.uk or call Thorntons 01307 466 886 or email events@thorntons-law.co.uk

Places will be allocated on a first come first served basis and must be booked in advance.

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