Business Briefing December 2018

Welcome to the December edition of the Farm Consultancy Group Business Briefing Newsletter.   In this issue you will find articles on Making Tax Digital in April 2019, Is NZ dairying losing it’s way?, Brexit opportunity or chaos...

Are You Ready for Making Tax Digital (MTD) in April 2019? - Angela Mayo (Gloucester)

The HMRC is implementing Making Tax Digital for VAT from April 2019. This means that those keeping accounts records on paper or spreadsheets, who then manually enter their VAT return online will need to upgrade their bookkeeping system.

All VAT returns read more...

Is NZ Dairying Losing it’s Way? – Gerard Finnan (Sherborne)

Having just returned from a three-week study tour to NZ dairy farms, I was surprised at the amount of supplementary feeding being made of PK and maize to spring calving cows to boost production per cow, especially as there was an abundance of grass about.  NVZ Farmers  Read more....

Brexit Opportunity or Chaos? – Max Sealy (Chippenham)

Shortly after these articles are published, we will get the outcome of the meaningful vote in the House of Commons and will know a little more about our political future, whether this is to be another vote, a vote of confidence, or a change of government and minority Labour/SNP administration.
The only certain thing Read more....

Staff Involvement - Phil Cooper (Sherborne)

One of the key points that came out of our study tour to Denmark was ensuring the farmer involved his team in decision making. They do this by using a “Board Meeting”, that takes place weekly for about 20 minutes around a white board in an area that all staff can see and pass regularly.
These meetings are very structured in terms of the agenda as follows: Read more...

Planning Conditions – Charles Holt (Lincoln)

The list of ‘conditions’ attached to a planning permission can sometimes appear extremely onerous. Occasionally they are unreasonable. Planning authorities are supposed to take great care to make them workable in any particular Read more...

Grants Update – Chloe Dyche (Gloucester)

With the majority of the grant programmes coming to a close, this gives us time to reflect on the projects we have gained support for and the huge leaps their businesses have taken forwards, from slurry tanks to garden centres to Read more...

The Organic Sector – Time to Learn from Denmark - William Waterfield (Andover)

The recent Organic Forum heard how in Denmark the organic sector has been able to grow to the extent that organic food now represents 13.3% of total food sales compared to 1.5% in the UK. The key to this success Read more...

Value Stream Mapping - Phil Cooper (Sherborne)

On our recent study tour to Denmark we looked at farms that are practicing Lean Farming as their style of management. One of the tools Read more...

Diversification- Kevin Edwards (Gloucester)

As the outcome of Brexit rumbles on, we have as a group of consultants, recently met to discuss the various diversified enterprises that are carried out on clients’ farms.

The diversity is astounding but can be broken Read more...

Waste! – Phil Cooper (Sherborne)

There are various forms of waste. Within Lean management eight areas of waste have been identified as follows, they can be remembered by the acronym DOWNTIME: Read more...

Farming for Small Mammals with Mid-Tier Stewardship - Natasha James (Gloucester)

I recently attended the FWAG silver pintail awards for Gloucestershire. It was a very interesting evening which highlighted the many simple but very effective ways Read more...

Is Your Finance Structure Correct for the Next Year? - Ed Warren (Sherborne)

2018 has been a very challenging year with a hot summer and the total uncertainty of feed stocks and straw costs through the winter and early spring. Have you had to consider a new or larger overdraft facility? Read more...

Making Tax Digital – Charles Holt (Lincoln)

FCG has an associate company that produces accounting software, called Farm Accounts, specifically designed for farms and their diversified enterprises. We have now been informed that our software supplier has successfully passed the tests required to allow our Farm Read more...

Cow Body Condition Scoring (BCS) Can Save You Valuable Feed This Winter! - Gerard Finnan (Sherborne)

Feed in the south of England is scarce and quality feed is even scarcer. Cows in general are in good condition if they have been fed properly this summer and autumn and are generally milking well. Read more...

Successful Farm Tenancy Tenders – Harry Edwards (Gloucester)

We have recently completed two farm tenders for County Council farms and both have been successful.

The first farm tenancy was a dairy farm with all year round calving. The business would be partly based on direct milk sales using Read more...

Successful Farm Tenancy Tenders – Harry Edwards (Gloucester)

We have recently completed two farm tenders for County Council farms and both have been successful.

The first farm tenancy Read more...

Time for a Big Conversation about Tax- Max Sealy (Chippenham)

Many dairy farmers are finding cashflow quite tight at present with high feed costs, the effect of the drought and milk prices having peaked too low to sustainably cover cost of production. The recent HSBC forward planning publication showed negative margins on the average dairy farm before BPS for 2019/20 forecast. Read more...

Posted in Business Briefing, Business Management.