Impact of January tax payments & managing cash flow

After a glimmer of hope in Chris’ market report this week and some steps in a positive direction, Will is joined by Lucie Hammond Partner at Hazlewoods Accountancy and David Keiley, Senior Consultant with Kite to focus on how to manage tax payments due this January to manage some of the cash flow implications. David outlines some of the challenges facing farmers in terms of cash flow following the downturn this year, focusing on the importance of budgeting and how accountants and consultants can work together to help businesses forecast cashflows . Lucie talks through some of the options for businesses showing profits in terms of tax, options for capital investments, on & off farm, as well as things to be aware of before committing to these investments.