Farmers invited to tax event in the New Year

NEIL Hamilton, Leader of UKIP Wales and AM for Mid & West Wales, is urging farmers in Carmarthenshire to get up to speed on new tax rules.

Mr Hamilton, Party Spokesman for Agriculture and Rural Affairs, is calling on them to attend a special information evening in Carmarthen, to find out more about the ‘making tax digital’ scheme.

The new tax rules, which will see millions of businesses and self-employed people having to file multiple tax returns each year, come in to force on April 1 2019.

To help those VAT-registered businesses with a taxable turnover above the VAT threshold, the Carmarthen branch of the Farmers’ Union of Wales is hosting a special information evening in January.

Mr Hamilton said:

“We all know tax laws can be extremely complex and the last thing our hard working farmers need is to spend even more time on these issues.

“It is not always an easy process at the best of times and I am delighted to see help is available for those who are new to filing their taxes on line.

“We live in a world where almost everything is digital and I welcome this initiative and urge farmers to take the opportunity to find out more about the scheme.”

FUW Carmarthen CEO David Waters said: “This new way of filing your taxes has the potential to be a real headache for our farmers, especially as paper returns will no longer be accepted.

“I hope that many can join us for the evening and get up to speed on the new way filing their tax returns.”

The event is being held at Llanarthney village hall on Thursday 3 January 3, 2019, at 8.00pm.

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