Despite (or maybe because of) uncertainty around the impacts of Brexit, many farmers and growers are looking for opportunities to expand their operations. At the same time some businesses are
Despite (or maybe because of) uncertainty around the impacts of Brexit, many farmers and growers are looking for opportunities to expand their operations. At the same time some businesses are looking to consolidate while protecting ‘home farm’ assets. Collaborative ventures are what this joint Roythornes/Duncan & Toplis seminar is about. In a series of short, sharp presentations we will look at collaborative ventures aimed at improving the bottom line.
The seminar will cover:-
• What are the financial benefits of collaborating with other farmers?
David Kinnersley of Fisher German is an experienced farm business consultant and heads up their agribusiness team. He will make the economic case for collaborative arrangements, and crunch some illustrative numbers.
• What could a joint venture look like?
Martin Jinks of Roythornes will look at ‘the legals’ of setting up a joint venture between farm businesses. What structures are available? What do parties need to decide at the outset and how do they document their agreement? Julie Robinson of Roythornes will put the case for share farming as a flexible vehicle enabling businesses to work together to make the best of their assets.
• Are there tax implications I should know about?
Mark Chatterton of Duncan & Toplis will highlight some of the tax and accounting considerations which arise when businesses set up JVs. Machinery transfers, capital allowances and treatment of profits will be on the agenda.
• What about people?
Members of the employment team at Roythornes will be on hand to cover the potential “TUPE” implications of businesses working together.
(Wednesday) 8:00 AM - 11:30 AM
Ye Olde Bell Hotel and Restaurant
Barnby Moor Bridge, Retford, DN22 8QS
Roythornes and Duncan & Toplis