Your pension pot can claim tax relief on new buildings

摘要

Farmers looking to invest in new buildings should consider using a pension fund for tax efficiency, potentially saving thousands of pounds. Since the abolition of the Agricultural Buildings Allowance a few years ago, farmers have been unable to claimtax relief on the fabric of new buildings. But according to Dan Knight, manager at Old Mill accountants and financial planners, they can claim a lot more than they realise.