Has the bank turned you down for a loan? The Government has set up a scheme called the Enterprise Finance Guarantee scheme. The loans are available through the main high street banks but come with a 75% guarantee from the government. The borrower is still liable to pay back 100% of the loan but the … Continue reading Government Backed Loans
Tag: Loan
Due to the complexity of the new Basic Payment Scheme there is a risk that payments may be delayed which will have a major cash flow impact for farm businesses. The payment window is 1 December 2015 to 30 June 2016. It is very important to prepare for this as part of your cash flow … Continue reading Prepare For Delays In Receiving Basic Payment Scheme
DEFRA have recently published the third and final annual report into the Anaerobic Digestion (AD) Strategy and Action Plan which was launched in June 2011. They report that: By September 2014 there were 140 AD plants in operation (This is up from the baseline of 68 in 2011). Also more than 200 had received planning … Continue reading The Growth In Anaerobic Digestion
Many farm businesses operate a mixed corporate structure. One option is for the farm partnership to have a limited company partner. Often the limited company is owned by the same people as the partnership. The reason for doing this is to use the lower tax rates available to limited companies. Companies pay corporation tax at … Continue reading Business Structures
