MHA Carpenter Box provides the full range of accountancy and tax advisory services to the vineyard sector. We have been developing our knowledge over several years and we are passionate about the sector. Through our membership with SEVA and WINEGB, we write articles and attend many industry events.
We work with many well-known vineyards in the sector including Bolney Wine Estate, Denbies Wine Estate, Ridgeview Wine Estate and Stopham Vineyard. We recognise that the sector is changing and there are very exciting times ahead for the English wine industry.
Getting your business structure right
We can guide you through the pros and cons of the main start-up structures, advise you on the regulatory and filing requirements and consider the accounting and tax implications to help you decide which is right for you now and in the future.
- Limited company
- Limited liability partnership
- Sole trader
Managing your business
We can help you manage your business with full client service support or with one off projects depending on your needs. We help with business strategy. We attend client board meetings. We prepare forecasts and monthly management accounts via cloud accounting so you have accurate financial information. We help you with the future success of your business.
- Business plans and models
- Management accounts & cloud software
- Board meetings
Improving your profitability,
cash flow & growth
We understand the challenges of your business, whether you are in the early stages of plantation or well established. We aim to help you grow, improve your profit and manage your cashflow. You may want to expand the winery or buy another business. We have good relationships with banks and other professionals and can help you take your business to the next stage.
- Banks and solicitors
- Fundraising and grants
- Mergers and acquisitions
Tax planning for vineyards
The uniqueness of the wine industry opens doors to a variety of tax reliefs that your business can benefit from. Our specialist tax advisory team can provide tailored tax planning advice to help you effectively identify, claim and maximise reliefs.
- Research & development relief
- Capital allowances on winery equipment
- Capital allowances on certain expenditure on the vineyard buildings
- VAT advice
Accounting for vineyards
The agricultural sector have specialist accounting standards and vineyards, with growing assets, are no exception to this. Our qualified and experienced team can advise you on the specialist accounting and tax rules that will be best for your business.
- Biological assets (the vines)
- Stock valuation
- Research & development expenditure
- Business valuations
Passing on your business
Succession planning is an essential part of being in business. Whether you wish to pass the family business to the next generation, undergo a management buy-out or sell your business we can help you achieve your goals in the most tax efficient way.
- Family succession planning
- Inheritance tax & business property relief
- Capital gains tax & entrepreneurs relief
- Business sales service
- Wealth management service