With an ever-growing need to reduce operating costs, many farmers and landowners across the UK enter into farming partnerships, contract farming agreements, machinery sharing or other bespoke relationships with neighbouring farmers to help spread their costs.
This is often a very sensible strategy to pursue, and one that can help to reduce overheads and ultimately improve profitability. There are, however, a multitude of different permutations for farmers and landowners to consider, as well as potential legal and tax implications. It is therefore important to be properly advised to ensure that the right agreement is struck from the outset.
Family partnerships are also commonplace within the farming sector, and we can assist with a variety of partnership issues that arise such as dispute resolution, partnership dissolution, or partnership resettlement.
We also work closely with a number of solicitors and accountants with specialist experience in this sector, and can provide recommendations on appropriate professional assistance.
Please contact us to discuss further.