Sheldon Bosley Host Successful Seminar
Over 100 farmers, land and property owners attended at Ingon Manor Golf Club recently to be informed on new developments affecting rural property in particular. The event was hosted jointly by Sheldon Bosley, Ellacotts and the Country Land and Business Association (CLA). Topics covered were CAP reform, ID Assurance, Permitted Development Rights and Capital Taxation. A great deal to cover in just a couple of hours.
For Sheldon Bosley, Associate Partner, Laura Gaydon gave a presentation on ID Assurance; this is the new on-line registration system which farmers, and later everyone else, will need to complete in order for the new Direct Payment Scheme and Stewardship applications to be made.
Laura said “The new regime is ‘Digital by Default’, which will no doubt cause problems for those farmers who either do not have computer access or for whom broadband speeds are very slow. Sheldon Bosley expect to be helping many of their clients through the process but we are encouraging everyone to make their ID registration as soon as the system becomes live, expected to be any time now. For any who intend to leave things until next year we expect some will realise that mistakes have been made on cropping requirements or need to leave sufficient land in ‘Environment Focus Areas.’
Sam Russell also a Partner with Sheldon Bosley, dealt with the new Permitted Development Rights for the conversion of farm buildings to houses. Many of the audience were surprised to find the breadth of opportunity that this gives rise to, with potential even for steel framed buildings to gain consent for a residential use. Sam said “It is a strange but welcome relaxation in policy which sees an old Dutch Barn or Grain Store with residential potential. The fact that the existing form of the building needs to be retained does give rise to some challenge from a design point of view, but Sheldon Bosley’s Architectural and Planning team have come up with some novel approaches which appear to work well.”
For Ellacotts, Partner Mark Dickin, gave advice on how to manage inheritance tax and capital gains tax liability given the changing economic and political climate and Donna Tavernor of CLA gave the audience an overview of the proposed reform to CAP due to be introduced on 1st January next year.
Sam Russell concluded “the audience seemed to appreciate the range of topics covered and from the number of questions raised I anticipate being very busy submitting applications for farm building conversions.”