Accounting
for Agriculture

 

Accountants who understand farming

Whether you’re planning for the next generation, considering diversification or simply want to talk through a decision, our agricultural team is here to help.

Helping farming families has always been part of who we are.

We’ve been supporting farming families for generations, and we understand that running a farm is about far more than the numbers.

Liz Cliffe, Partner at Towers & Gornall, works alongside David Whiteside and Paul Yates, supporting agricultural businesses across Lancashire and beyond. From the day-to-day accounts and tax returns to the bigger conversations about succession, diversification and the future, they’re here to provide practical advice when you need it.

We understand farming because we understand that every farm, family and future looks different.

The conversations we’re having

The best farm business advice starts with listening.

We work with farming families on the questions that matter to them, from succession planning and cashflow to diversification, tax planning and bringing the next generation into the business.

They're conversations about protecting the future of the farm and the people who depend on it.

 

"We know we can rely on Towers & Gornall for straightforward advice and a real understanding of farming. They’re always there when we need them."

Planning for the next generation

Succession can be one of the biggest decisions a farming family will face.

Whether you’re bringing the next generation into the business, considering retirement or simply starting the conversation, we can help you explore the options.

We help you make plans that work for both the business and the people behind it.

Managing cashflow

Farming income often fluctuates throughout the year, while costs can be significant and unavoidable. With seasonal income, machinery investment and major purchases, having a clear understanding of cashflow can help you plan ahead and make decisions with greater confidence.

We work alongside farming businesses to help them understand their financial position, look ahead to future opportunities and use their numbers to make informed decisions that support the long-term success.

"The team at Towers & Gornall understand the challenges we face. They provide practical advice, explain things clearly and are always there when we need them. It's reassuring to work with advisers who appreciate the realities of running a farm.”

Thinking about diversification?

For many farms, diversification is becoming an increasingly important part of the business.

From holiday cottages, glamping pods and camping to farm shops, cafés, weddings and renewable energy, there are plenty of opportunities to create additional income from your land and existing assets. But diversification needs to make commercial sense.

We can help you look at the numbers, consider the tax implications and understand whether an idea is likely to work for your business before you invest time and money into making it happen.

Making the numbers work

Of course, the day-to-day finances still matter. Our agricultural team can help with farm accounts, agricultural bookkeeping, VAT, tax planning, management accounts and compliance, giving you a clearer picture of where your business stands.

And because we work with more than 300 farming clients, we understand that agricultural accounting comes with its own challenges and opportunities.

Meet the team

Liz Cliffe

Partner

Growing up on a dairy farm gives Liz a first-hand appreciation of the pressures and opportunities farming families face today. She understands the importance of relationships, trust and looking beyond the numbers when advising agricultural businesses.

David Whiteside

Agricultural Adviser

David works alongside farming businesses to help them understand their finances and make informed decisions with confidence. He brings a practical approach to everything from farm accounts and cashflow to tax planning and business decisions.

Paul Yates

Agricultural Adviser

Paul particularly enjoys the conversations that happen away from the day-to-day – helping families think about succession, retirement, the next generation and what they want their business to look like in the years ahead.

The conversations we're having

  • Succession planning
  • Cashflow
  • Diversification
  • Tax planning
  • Business structure
  • Business structure
  • Machinery investment
  • Family discussions
  • Planning for retirement
  • Bringing the next generation into the business

These are the conversations that matter to farming families – and they’re the conversations we’re here to have.

Need advice?

Thinking about the future of your farm? Want to explore diversification? Or simply have a question you’d like to talk through?

Call our agricultural team on 01995 600 600, email hello@tagac.co.uk or message us here