Who We Help
The world is changing fast. To compete in today’s marketplace, you need to understand your accounts and have the right technology to optimise your business.
Over the years, Roake & Cook have developed a particular expertise in several specialist sectors:
Accountants Specialising in Agriculture & Rural Business
Rural & Agricultural Accounting Services
Running a rural business is busy at the best at times, so you don’t want to fill your spare time with organising your accounts. At Roake & Cook, we have a number of accounting services to offer and to save you more time to spend doing what you love. These include:
- Bookkeeping Services: Making sure you stay on top of your numbers on a regular basis, so you have a clear picture of your business finances. Also, completing VAT reports and dealing with VAT complications associated with this sector.
- Tax Advice: Ensuring your business structure is tax-efficient, making the most out of tax reliefs and allowances including personal and partnership tax returns, and completing Corporation Tax returns for incorporated farming companies.
- Payroll Services: Preparing payroll for different employee classifications, including seasonal, full-time, and part-time contracts
- RDEC Tax Relief Claims: Identifying new business revenue opportunities, profitable uses of land, and investment and diversification chances to qualify for R&D tax credits. Plus, advising to support these new ventures and preparing cashflows to assist with government funding requirements.
- Xero Migration: Advising the best farming accounting software for you and cloud accounting opportunities, including migrating to Xero.
Discuss Your Next Big Idea With Us
Rural & Agricultural Research & Development
As mentioned above, we understand that rural and agricultural businesses are undertaking research and development to continually establish innovative processes that will improve several farming factors. Challenges regarding quality, output and efficiency can be addressed by implementing new techniques and processes; soil quality, crop productivity, pest control, biodiversity, etc, can all benefit from innovation. The aim of R&D is to enhance these areas for the entire sector.
Rural & Agricultural R&D examples include:
- Introducing different methods of pest control, irrigation systems, pesticides and water treatment
- Developing new types of feed for livestock; trialling different feeding times and rations
- Improving animal health and welfare; introducing different antibiotics; implementing methods to reduce mortality
- Growing different varieties of crop with enhanced properties, in varied types of soil, or in a particular climate
- Designing agricultural machinery, equipment, and structure for food engineering and agricultural processing
Are you currently involved in some projects and wondering if you could be eligible for agricultural R&D credits? Get in touch with Roake & Cook rural and agricultural accountants to discuss your innovations today.