Agriculture; Land Owners; Landed Estates; Accounting; Tax planning.
Experience
Clive Buckland has 30 years' experience of advising a substantial portfolio of farmers and landowners on accounting, taxation and business matters. He has particular expertise in structuring farming businesses tax efficiently and in succession planning. He advises across full range of taxes including inheritance, capital gains, VAT, SDLT, income and corporation taxes.
Notable client work and achievements
- Negotiating with HMRC to obtain business property relief from inheritance tax on a property portfolio of 25 residential and commercial lets.
- Structuring of substantial farm business across three generations to achieve succession, reduced annual tax liabilities and protection from future inheritance tax liabilities.
- Incorporation of large fruit grower including use of share farming and contract farming agreements to minimise annual tax liabilities.
- Negotiating with HMRC to obtain full capital allowance claim on new potato store.
- Structuring land development disposals to reduce capital gains tax using entrepreneurs and rollover relief claims.
Professional qualifications/memberships
Chartered Accountant
Article
Beyond accounting: Why the new FRS 102 could disrupt UK manufacturing businesses
Changes to revenue recognition and leases for FRS 102 reporters aren’t just a compliance issue. They create a real risk that decisions are made using numbers and data that no longer mean what management thinks they do.
Article
Technology businesses thrive on disruption, but how will the FRS 102 changes impact the sector?
Technology businesses have, arguably, long been used to a frantic way of operating, prone to valuation fluctuations and rapid levels of growth or decline. However, with FRS 102 heavily impacting numerous sectors, is the tech sector in good stead to soften the impacts of the changes or, ultimately, will it be more vulnerable?