Why the Food Industry & Farming need specialist accountants...
The food industry is a specialist sector and requires specialist accountants but all too often food producers are subject to second rate financial advice through not choosing a skilled and experienced firm to represent them.
LEES know that UK food and drinks companies have particular concerns when financial planning, often surrounding the impact of the power of a small group of dominant retailers, and our real-world advice can make all the difference when management take strategic decisions.
With our origins in Norfolk, it is perhaps not surprising that our expertise in agricultural accounting issues is also impressive. We act for more many farms, farmers and some cooperatives predominantly across the East of England, with some clients from much further afield who come to us because of our specific expertise in this industry.
Many of our agricultural team come from farming families themselves, and therefore understand the needs of the farmer. Our approach to land-based business recognizes their often unique circumstances, family/employee relationships, and the complexities of EU subsidies, grants and quotas.
Agriculture tends to be capital intensive, so the approach to funding is important. Considerations of succession and capital tax planning (both inheritance tax and capital gains tax) may be vital.
If you are looking for an accountancy firm who are proactive, really understand agriculture and has the people with the knowledge and experience to make your business a success, contact LEES
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