land based businesses hmrc open day

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LAND BASED BUSINESSES PROBLEMS AND SUCCESSES Cheltenham February 10 th 2010 HMRC Business Advice Open Day Roger Smith Agricultural Adviser, Business Link

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Page 1: Land Based Businesses HMRC Open Day

LAND BASED BUSINESSESPROBLEMS AND SUCCESSES

Cheltenham

February 10th 2010

HMRC Business Advice Open Day

Roger SmithAgricultural Adviser, Business Link

Page 2: Land Based Businesses HMRC Open Day

Industry Economics

•European agriculture heavily subsidised

•Since 1996 there have only been four years when TIFF was positive without support

•Support paid in Euros

•WTO Doha Development Round talks stalled

•SP post 2012?

•Modulation – currently 19%

•Importance of Pillar 2

Page 3: Land Based Businesses HMRC Open Day

Total Income from Farming With and Without Direct SupportDate TIFF TIFF less

support1996 £4.7 billion £1.8 billion

2000 £0.6 £(0.9)

2003 £2.9 £0.2

2006 £2.3 £(0.6)

2008 £3.4 £0.3

2009Source: DEFRA/Andersons

£3.0 £(0.2)

Page 4: Land Based Businesses HMRC Open Day

Industry Issues

•World Population

•Water

•Cereal production needs to rise by 50%

•Bio fuels

•Climate change

•R & D

•Regulation

•Marketing

Page 5: Land Based Businesses HMRC Open Day

UK Issues

•Farmers age

•Succession planning

•Marketing

•Diversification

•Adding value

•Use your assets

•Renewable energy

•Soils and erosion

Page 6: Land Based Businesses HMRC Open Day

A Guide to Business Support

Business Link’s Rural Enterprise Gateway

Page 7: Land Based Businesses HMRC Open Day

RURAL DEVELOPMENT PROGRAME FOR ENGLAND

Programme ends in 2013

£157 m

Farmers are the main beneficiaries

Some other Rural Micro businesses may be eligible

£7m for “social enterprise”

Page 8: Land Based Businesses HMRC Open Day

ACCESS TO RDPE FUNDS

Capital GrantsBrokerage1:1 ConsultancyDevelopment VouchersR4FS4PSWHILISocial Enterprise

Page 9: Land Based Businesses HMRC Open Day
Page 10: Land Based Businesses HMRC Open Day
Page 11: Land Based Businesses HMRC Open Day

•If you have a Rural Client Enquiry, please do pass it by the REG Team and we will try and ‘Squeeze’ some sensible guidance out of the various schemes.

•Roger Smith: 07979 518589

•Chris Lyons: 01275 370959

Page 12: Land Based Businesses HMRC Open Day
Page 13: Land Based Businesses HMRC Open Day

Finally:

RPDE Website:

www.sw-ruralgateway.info

This presentation is available at:

http://www.businesslink.gov.uk/southwest/eventspresentations