Tel: 01674 677300            Email: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Tax Benefits

Members of Angus Cereals purchase both share capital (at £1 per tonne) and storage rights as part of their overall commitment. Through member annual service charges, Angus Cereals repays external bank funding, followed by the members’ qualification loans. This process converts the capital commitment of members into income tax deductible expenditure as a deduction against trading profits, and therefore 100% tax relief is secured.

The rules regarding tax allowances are ever evolving, and any significant on farm capital expenditure should bear in mind current tax rules and those to be applied in future years. In the past significant tax relief was available for agricultural buildings but current Government policy is focussing tax reliefs away from direct capital expenditure.

Given the complexity of this matter, EQ accountants has written fact sheet outlining an example. If you would like a copy or would like further information please email us at This email address is being protected from spambots. You need JavaScript enabled to view it., call us on 08456 077011 or fill out our enquiry form and one of our team will get in touch.

Customer Login


Go to top

Registered Office : Angus Cereals, Barrow Hill Barns, Barrow Hill, Goodworth Claford, Andover, Hampshire SP11 7RG Registered no: 2707RS

© 2015 Webdesign by Rebecca Wade at Tickling Trout

We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of this site have already been set. To find out more about the cookies we use and how to delete them, see our privacy policy.

  I accept cookies from this site.
EU Cookie Directive Module Information