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Having an effective succession plan in place will help to ensure that the transfer of your farming business goes as smoothly as possible, and that you minimise the tax liabilities and maximise your financial gains, whether this is a sale to a third party or passing the farm onto the next generation.
A good succession plan will ensure that control of the business is transferred according to your wishes, while also providing ongoing financial security for you and your family.
From investing in the right people, to implementing your plans, we can help. Contact us for advice on your succession plan.
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With the current pandemic of Covid-19, we want to reassure you that Mitchells Chartered Accountants are keeping a close eye on the latest government guidance and we are committed to providing our clients and staff with the support that is needed from us.
We are still operating as usual however, in order to adhere to social distancing on our premises, our staff routinely work from home along with working from our office on a rota basis. We are ensuring that the security and confidentiality of client records are maintained at all times. Please use email addresses to contact us and on phoning the main switchboard number where you will find our usual helpful reception and they can provide further telephone contact numbers where needed.
We recommend that where deadlines are approaching, for example with VAT returns or payroll calculations, that clients endeavour to provide their information as soon as they are able. This will maximise our capacity to carry out this work in advance of deadlines. Please understand that there may be delays in responses during this time.