Zebbedee
Member
- Location
- Scotland in the best bit
How tax efficient? Building one now and wasn’t aware of that?
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Grain bin costs?
- Thread starter Clive
- Start date
Steevo
Member
- Location
- Gloucestershire
- Location
- NSW, Newstralya
Sheds are useless for quality control & segregation. If you are a serious grain grower & not just playing at it, then silos are the only option
Thats news!! Since when ? What are the details?
FarmerBruce
Member
- Location
- Yorkshire
100%. A farmer took the inland revenue to court over it and won. As long as it is 100% for grain and nothing else it qualifies apparently
goodevans
Member
So presumably has to have vented floor or ducts to qualify,which isn't a problem as they could easily be removed at a later date
i didn’t say i was thinking of doing anything ! have just built a new shed, doors went on yesterday!
i just wondered what a silos cost vs a shed !
gosh this forum is presumptions ! and far to interested in my business !
interesting ! why is there not a NFU led group action running to claim back historically paid tax if a legal president has been set now ?
Steevo
Member
- Location
- Gloucestershire
As yet I don’t think it has been set solid.
post mentioned a legal case being won ?
grainboy
Member
- Location
- Bedfordshire
There’s a secondhand 330 ton one on eBay,
Owner looking for £3 k, have viewed it and is very good order,
cost to take down and re erect approx £7k , Concrete pad, say £5k,
So approx £50 per ton stored
or I have real cheap ones available,
Owner looking for £3 k, have viewed it and is very good order,
cost to take down and re erect approx £7k , Concrete pad, say £5k,
So approx £50 per ton stored
or I have real cheap ones available,
Steevo
Member
- Location
- Gloucestershire
There was a year or so back. But a single legal case in very specific circumstances doesn’t create a precedent for all. It does start to turn the tide a little though.
Daniel
Member
- Location
- Mildenhall, Suffolk
30% more than they did this January….
Also, it depends on what intake and outtake options you need.
Ours has a 100t/hr intake augur, but only a 30t/hr outtake elevator, which feeds a conveyor into our feed mill, which is controlled by a weigh cell controller to bring in required amounts at the push of a button. I doubt many arable farms would want that setup!
But I’ll hazard a guess at £70k for a 1000t bin inc stirrers, fan and diesel burner. £25k for the concrete base, £20k for erection, plus wiring, control panel and a loading augur.
FarmerBruce
Member
- Location
- Yorkshire
Our accountant who is very cautious told me this! No way they’d have put it through had it not been right
Complete and utter rubbish. Never heard of underfloor aeration and grain walling.
Something like built in underfloor conditioning makes more of a case for the shed being a dedicated grain store rather than just a general purpose building.
Steevo
Member
- Location
- Gloucestershire
Will be interesting if they ever claw back that tax relief if ever the building was ever converted to an alternative use.
I was wondering how long the potential clawback period might be....
I was going to page @Woldgrain Storage since he had put up more silos recently!This thread could run and run like a central storage one….
marco
Member
- Location
- tipperary, ireland
You would think that even a general purpose building should be allowed. If it's used as part of the farming business
It is in Ireland anyways. Deprecated over 7 years. And any building repairs can be fully deducted in the same year