An illustration of an accountant giving business advice

Farmers Averaging from 5 April 2016

In a surprise announcement the farmers averaging election has been extended following the 2015 budget.

From April 2016 the current 2 years averaging election is to be increased to 5 years.

A consulatation will be held later in 2015 to decide on the exact mechanism for this proposal and we will update the details here as soon as they become available.