Sheep Stock Clubs Webinar – Taxing Issues

Tax is always a taxing issue for Sheep Stock Clubs, as they operate differently to sole traders and partnerships, as many crofting businesses are aware.

Join us with expert accountant and agricultural advisor Andrew Coalter, to find out how to make the most out of your Club.

✅ What You’ll Learn:

• The basics of the Scottish tax system
• SSC business structure and how that affects taxation
• Cashflow – how to reduce tax liability and keep the club healthy
• Record keeping tips
• Reporting requirements for HMRC
• How VAT applies to sheep transactions
• VAT Registration & Advice – Understand when VAT applies, how to reclaim it, and stay compliant without the confusion
• Profit Distribution Guidance – Clear, transparent advice on member shares and club income reporting

There will also be an open Q&A session answering all your questions and queries.

Questions can be sent to Janette before the meeting to be put forward and discussed at the meeting, please email janette.sutherland@sac.co.uk.