Accountancy and advisory for the agricultural sector

The specific regulations for agriculture require a tailored approach to your bookkeeping. For VAT, for example, you can opt for the agricultural VAT scheme: you are not liable for VAT but you can’t deduct VAT either. This can be disadvantageous, for instance if you need to make investments. A thorough analysis of your agricultural business and its activities is therefore crucial to determine the best way to manage your accounts, something you can easily entrust to your PIA office.

Cattle farming, dairy farms, pig farms, arable farming, fruit growing, vegetable growing, tree nurseries: every branch of the agricultural sector has its own challenges. That’s why it’s good to have a bookkeeper, accountant or advisor who understands market prices, the economic cycle you operate in and your cost structure at sector level.

Thanks to their many years of experience in the agricultural sector, our bookkeepers and accountants can think along with you like a farmer. Their expertise gives you a better insight into your figures, enabling you to make the right decisions to improve your profitability.

Most farmers make significant investments in innovation. Agricultural businesses must comply with many new standards, such as climate targets and environmental laws. This requires investments in technology and other resources to make production more sustainable. Your PIA office helps you identify which investment and environmental subsidies your agricultural business is entitled to. We also provide assistance during negotiations with banks for financing. This investment guidance is also available if you are a young farmer looking to take over an agricultural business.

The agricultural sector is very sensitive to short-term crises. A poor harvest caused by climate change, economic shocks such as the energy crisis and shifts in our country’s trade relations (Brexit, for example) all have an immediate impact on your farm. This requires immediate action from you as a business manager. That is why you also need management accounting. Your PIA office supports you with advice on your business strategy and financial analysis of your agricultural enterprise.