2015 Budget Big Deal for UK Farming
After the Chancellor, George Osbourne, delivered his 2015 budget, UK farming took stock of exactly what the budgets spells for the industry. Overall, farmers look set to benefit from £100million in tax savings over a four-year period and the Chancellor has plans to increase the number of years a self-employed farmer can average profits for income tax purposes from two years to five years, as from 6 April next year.
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