Tax / Planning Advice - CLA ?

[Adamo]

My Father died and my Mum is looking to sell the farm

We need advice on tax and planning regarding selling / converting the farm house, the outbuildings and the fields

We've struggled to find people who have an overall understanding of the tax / planning system and we don't know, what questions to ask

IE Do we have to get permission to convert the redundant farm buildings before we sell the Farm house

Should Mum stick the lot in a Ltd Co. or a Trust etc

We see the CLA come up on Google would they be a good place to start or can anyone recommend a Lawyer / Accountant

We are based in West Mids, it's only a tiny farm but an expensive location

 

[George from SJM Planning]

I would be happy to appraise the planning potential of the farm and that would give you a good steer to speak to someone about the financial aspect. It would be rare to find someone who would be experienced in all the aspects you are seeking.

 

[Nearly]

No one will commit to an answer until after the budget.
Do not put a house into trust. You lose the right to sell it as someone's primary residence FOR EVER.

 

[chaffcutter]

You need a good accountant with a grasp of agricultural tax alongside advice from @George from SJM Planning
Unfortunately being able to get everything from one advisor is rather unlikely, you will end up with a ‘ team view’ if you can find the right people
Good advice doesn’t come cheap but can save an awful lot of problems.

 

[Kryten]

The CLA would be a great place to start. No bias, nothing in it for them and decent people.
https://www.cla.org.uk/in-your-area/midlands/