Accountants for Agriculture

Ryan Lincoln, Agricultural Partner for Lovewell Blake Accountants

We work with you to provide a service that is focused on you and your business.

Ryan Lincoln, Agricultural Partner for Lovewell Blake Accountants

Having worked with over 400 agricultural businesses, and specialised in the industry for many years, we recognise that every agricultural operation from a small farm to a large diversified estate needs to be run as a business. 

We work closely with you to ensure we understand your specific requirements, enabling us to tailor our services specifically to meet them. 

Our key services

Our teams can take care of the time consuming administrative tasks that come with running a farm, agricultural or food and drink business, so that you can dedicate your time and energy to the business that you are passionate about. 

James Youngs, Manager for Lovewell Blake

Different because you are

We pride ourselves on providing individually tailored services to our clients. Whatever your aspirations and priorities in business and life, we will be by your side with expert advice from local specialists. It is because your needs are unique, that the solutions we provide are distinct and personalised to you.

With our knowledge of the sector and the network of contacts we have built up over the years, we can provide the business, tax compliance and financial advice that you need. We can also support your growth and expansion plans, help you plan for the future and advise you on diversification. 

  • Profitable uses of land
  • Investment and diversification
  • Preparing budgets and business plans
  • Succession and effective exit strategies

Research and Development

Farming and associated agricultural business are continually developing innovative processes to improve quality, output and efficiency. Much of this innovation has been tried and tested in the field rather than the laboratory; by farmers rather than scientists. How many times have you looked at doing things in a different way or at a different time to overcome particular difficulties? Read more here

RAG Survey Results

Member firms of the Rural Accountants Group sent out an Agriculture survey to clients in 2021 to gauge the sentiment with the industry. These results are based on the findings.

Delighted to have been named East Best Rural Professional Services Business in the Rural Business Awards 2021
Farming client of Lovewell Blake
The agriculture team at Lovewell Blake has really supported us. The service we receive from them is professional, pro-active, knowledgeable and we know we are in safe hands!
Matt and Mark G, Suffolk

Accountants for Agriculture Articles

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Agriculture/Farming

How could your farm benefit from speaking to one of our specialist accountants?

In-depth guide
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Key partners and staff

Chris Solt, Partner for Lovewell Blake

Chris Solt

Partner

Ryan Lincoln

Partner
Donna Mackay, Assistant Manager for Lovewell Blake

Donna Mackay

Assistant Manager
Linda Palin, Assistant Manager for Lovewell Blake

Linda Palin

Assistant Manager

Tim Meade

Assistant Manager

FAQs

Can you help with Making Tax Digital for farmers and agribusiness?

Yes – we have a dedicated team who can help with your MTD requirements as well as additional support from our specialist VAT consultants. With effect from April 2022, all VAT registered businesses must submit their returns using MTD compatible software. In limited other circumstances, taxpayers may be exempted from the MTD for VAT requirements, Lovewell Blake can help with any queries you may have surrounding MTD and what this means for you and your business.

Do you provide tax advice for agribusiness?

Yes – our team are on hand to help you will all aspects of your agribusiness and are also supported by the firm’s tax consultants. We work closely with other teams across the firm to provide proactive with strategic recommendations and advice. We get to know you and your agribusiness and we pull in a team of specialist based on your needs.

What is the best farm accounting software?

There is a variety of different accounting software available depending on your business. Our team are familiar with most and can advise you on the most suitable product. We would encourage you to get in touch and use our expert advice and knowledge to utilise cloud accounting to its full potential. The simplicity, connectivity and seamless reporting options provided by accounting software has revolutionised the way we all do business. Accounting software is your opportunity to modernise your business, reduce down time spent on admin tasks, and automate the mundane.

What is farm accounting?

Farm accounting differs from conventional accounting due to a number of factors. The timing of recording revenue is not just specific to the financial year-end of the business but also the seasonal impact on growing crops. Valuing livestock and deadstock requires more understanding of the industry and rules surrounding cost of production and deemed cost. You will also find more detailed financial statements that will show separate enterprises for the business income streams and even gross margin calculations which assist better decision making.

Can you assist with budgeting for starting a rural business?

Yes – we have specialists who can assist in all aspects of starting a rural business, we know that as your business grows you will need experienced support to let you focus on maximising your potential. We pride ourselves on being locally based accountants with experience in your sector and the challenges you face. Having worked with over 400 agricultural businesses we have experience advising businesses at every stage, including preparing budgets and business plans to finding an effective exit strategy.

Why should I choose Lovewell Blake for my agribusiness?

The specialist knowledge we have developed means that you can always talk to someone who understands the real issues affecting you and your agribusiness, now and in the future. As well as providing traditional accounting and taxation compliance services, we also get involved in working with you to advise on; profitable uses of land, investment or diversification, complex taxes, preparing budgets and business plans, assistance in dealing with banks and other financial institutions, succession and effective exit strategies, investment and diversification, investment in plant and machinery, renewable technologies and much more.

Find your nearest office

Bankside 300
Peachman Way
Broadland Business Park
Norwich
NR7 0LB

(Sat nav postcode NR7 0WF)

Call:
  • (01603) 663300 (Accountants)
  • (01603) 619620 (Financial Planning)
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13 Frazers Yard
Norwich Road
Aylsham
Norwich
NR11 6FB

Call:
  • (01263) 732151
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Excelsior House
9 Quay View Business Park
Barnards Way
Lowestoft
NR32 2HD

Call:
  • (01502) 563921
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First Floor Suite
2 Hillside Business Park
Bury St Edmunds
IP32 7EA

Call:
  • (01284) 337070
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Sixty Six
North Quay
Great Yarmouth
NR30 1HE

Call:
  • (01493) 335100
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The Wherry
Quay Street
Halesworth
IP19 8ET

Call:
  • (01986) 873163
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The Gables
Old Market Street
Thetford
IP24 2EN

Call:
  • (01842) 755032
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11 Lynn Road
Ely
Cambridgeshire
CB7 4EG

Call:
  • (01353) 662447
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Wide-ranging tax planning and compliance services for individuals seeking advice and guidance from our team of experienced and highly qualified professionals.

Friendly and coherent advice and guidance on accounting and tax matters for small business owners including those starting out for the first time.

Established businesses requiring accounting and tax compliance services, forward thinking tax planning advice and the support to help your business succeed.

Our full range of enhanced corporate services aimed at large companies and those requiring audit, assurance, corporate tax advisory and diverse tax planning services.

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