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Old 19-05-2003, 02:10 AM
Torsten Brinch
 
Posts: n/a
Default UK farm profitability to jun 2002

On Wed, 8 Jan 2003 10:19:58 +0000, Tim Lamb
wrote:

More than 10% of my perceived income is spent on accountants fees!

One big annual complaint is the amount they try to transfer from
*revenue* spend to *drawings* in order to satisfy some disbelief that
anyone can live so cheaply.


How cheaply can you live where you are? For comparison in some areas
of Liverpool or Birmingham more than half of households have managed
to cut their total annual living expenses to less than £10,000.


Cash Income distribution, all farms
HHHHHHHHHHHH £0 (12%)
HHHHHHHHHH £0-£5,000 (10%)
HHHHHHHHHH £5,000-£10,000 (10%)
HHHHHHHHHHHHHHHHHHHH £10,000-£20,000 (20%)
HHHHHHHHHHHHHH £20,000-£30,000 (14%)
HHHHHHHHH £30,000-£40,000 (9%)
HHHHHHH £40,000-£50,000 (7%)
HHHHHHHHHHHHHHHHHHH £50,000+ (19%)
Average Cash Income £31,462 per farm