Rural client finance, accounting and bookkeeping

Small enough to offer a bespoke, personal service at a reasonable cost, but sufficiently sized to house broad, in-depth knowledge and experience, our rural client finance team supports clients with a wide range of finance, accounting and bookkeeping issues. Our agricultural and rural specialists use the latest technology to advise a range of clients, including private individuals, farmers, landowners, sole traders, partnerships, companies, and trusts.

Rural client finance services

Bookkeeping

Our team of bookkeepers provide a flexible bookkeeping service to our clients nationally, which can be tailored to suit the size of your business. They develop an in-depth understanding of every business they deal with to effectively manage all day-to-day bookkeeping tasks. As well as the standard services of supplier payments, sales invoicing and bank reconciliations, we are also able to offer your tenants the facilities to pay their rent by Direct Debit, giving you greater control over your cash flow.

Financial accounting

Whether a sole trader, a partnership or limited liability partnership, the director of a limited company or a Trustee, our team can produce end-of-year financial accounts or management accounts. These can be provided to your personal tax advisors for inclusion in your tax returns. We are used to preparing accounts that have multiple income streams, from arable farming or rental income to wedding events and deer farming.

Payroll

As well as taking the pain out of pensions auto-enrolment (AE), our cloud based payroll system provides an employee portal to which employees can view their payslips and keeps track of all AE correspondence - should a compliance audit take place. We can either prepare the payroll and send it to you, enabling employees to be paid, or we can pay your employees & HMRC directly.

VAT

Our accountants are skilled in the idiosyncrasies of land and property VAT, including partial exemption rules and de minimis limits, the recovery of VAT on farmhouse costs and where a mixture of business and private expenditure occurs.

Bespoke reporting

Landowners need to understand the financial performance of their estate or farm. Accurate and timely management reporting is a key part of the service which helps clients stay on top of their business. We can tailor your management reports to better highlight what is important to you; whether this is by utilising a dashboard to show your key performance indicators, or to forecast future cashflow problems.

Making Tax Digital (MTD)

Our bookkeeping software is MTD ITSA compliant, and we can therefore make your quarterly submissions to HMRC. We will liaise with your tax advisors when they come to submit your year-end tax returns, providing them the required records and information to backup our quarterly updates to HMRC.

Don’t count your chickens. Let us do it for you.

An accurate understanding of the health of your rural business only comes with a thorough and complete knowledge of your books and final accounts. To get a clearer idea of how your business is doing and ensure it stays compliant, get in touch with our specialists today.