Rural Newsletter - June 2012

    This newsletter reaches you at a positive time for the rural sector. As you will see from the Agency Update, the land market is extremely buoyant. Commodity prices are strong, and healthy profitability is sustaining good rental incomes. In terms of prime agricultural land, Scotland has seen a new record of £9,000 achieved per acre.

    If you own a house with land, you will know how important it is to plan tax so that you can keep the proceeds from a sale by minimising your liability for Capital Gains Tax. The key means of achieving this is through Principal Private Residence Relief (PPR), which Hugo Struthers looks at in detail.

    As the Scottish renewable energy market matures in Scotland, we outline the common pitfalls now emerging for landowners.

    The global nitrogen fertiliser market has experienced great volatility in recent years. We take a look at the impact of timing on your fertiliser purchase.

    The Scottish Government has recently introduced a rent deposit scheme which comes into effect on the 2nd July. The scheme could have a big impact on cash flow and we look at the key areas to watch out for.

    This half way stage in the year is a good time to think about how to make the most of the many opportunities open to our relatively buoyant sector, and to plan for the challenges ahead.  I hope this newsletter will provide some food for thought.

     
     

    Key contacts

    Jonathan Henson

    Jonathan Henson

    Director
    Estate Management

    Savills Perth

    +44 (0) 1738 477 511

    +44 (0) 1738 477 511