2022

VAT and tuition - updated guidance
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited looks at the updated guidance and explores how small businesses can meet the onerous conditions.
Published in Small Business Tax & Finance - This is not publicly available, please contact the office on (01926) 735544 for the password to view this article.

Employee accommodation - Converting disused buildings
With a crisis in staff shortages threatening the farming industry, Julie Butler FCA, Founding Director of Butler & Co Alresford Limited, considers the tax implications of converting disused farm buildings to residential accommodation.
Published in TAXADVISER

Heritage farming
Farm heritage property is not well understood. Julie Butler FCA, Founding Director of Butler & Co Alresford Limited discusses the complex heritage tax relief and its accounting treatment.
Published in TAXATION

Sale of Businesses – the proceeds & the gain
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited explores the practical implications of a recent Tribunal decision.
Published in Small Business Tax & Finance - This is not publicly available, please contact the office on (01926) 735544 for the password to view this article.

Farming partnerships: risk of lack of written contracts
A complex series of transactions were central to whether a farming partnership existed in a recent tax tribunal case, raising important questions about ownership structure, explain Julie Butler FCA, Founding Director of Butler & Co Alresford Limited and Libby James ACA CTA, Tax & Accounts Associate, Butler & Co Alresford Limited.
Published online by Accountancy Daily

Slade: land owning dispute costs not allowed
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited and Fred Butler MSc ATT, Tax Director – Farm & Equine Department look at how the case of J M Slade and another v HMRC [2022] UKFTT 227 (TC) highlights that legislation can, at times, be rigid and prevent a deduction which taxpayers may, based on grounds of fairness and economics, assume that they will get.
Published in Tax Journal

Using the wind
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited discusses the First-tier Tribunal decision in Gunfleet Sands Ltd which considered whether capital allowances claimed on expenditure for studies and project management for the construction of wind farms qualified as the provision of plant.
Published in TAXATION

OTS Considers The Simplification Of Property Income – Impact For Farmers
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited looks at the importance of engaging farmers in discussions about the possible tax changes and to plan ahead.
Reproduced by kind permission of LawSkills Ltd from their website (www.lawskills.co.uk). A site dedicated to helping Private Client Practitioners

Don’t bury your head in the sand
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited and Philip Whitcomb (partner in Moore Barlow’s private wealth team), advise that partnership agreements should be reviewed as part of full succession planning.
Published in TAXATION

Strange rules, beyond understanding
In this article Malcolm Gunn, consultant with Butler & Co and author of Tolley’s Inheritance Tax. and Fred Butler MSc ATT, Tax Director – Farm & Equine Department, examine the SDLT complications involved with basic IHT planning for farmers and other trading partnerships.
Published in TAXATION

Farm Losses
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited looks at why the judgement in Ardeshir Naghshineh v HMRC [2022] EWCA Civ 19 is of huge importance for farmers making continued losses from the actual farming operation.
Reproduced by kind permission of LawSkills Ltd from their website (www.lawskills.co.uk). A site dedicated to helping Private Client Practitioners

The function of potato storage - Farm Tax Brief
This article was originally published in Farm Tax Brief Volume 37 Issue 1

Cutting loses
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited and Fred Butler MSc ATT, Tax Director – Farm & Equine Department examine the recent Court of Appeal judgment in Naghshineh and its importance to farmers making continued losses from the farming operation.
Published in TAXATION

Is it a business or not?
Julie Butler FCA, Founding Director of Butler & Co Alresford Limited explains why the Babylon Farm case highlights the need to focus on the economic activity for VAT and other taxes too.
Published in TAXline and online by ICAEW

The Sale of Carbon Credits
With the Environment Bill having recently become the Environment Act and the Agriculture Act pushing “farming for the environment”, Julie Butler FCA, Founding Director of Butler & Co Alresford Limited looks at the tax treatment of environmental income streams such as “carbon credits”.
Reproduced by kind permission of LawSkills Ltd from their website (www.lawskills.co.uk). A site dedicated to helping Private Client Practitioners