Inheritance Tax Planning For Farmers

Inheritance Tax Planning For Farmers

As every farmer knows agricultural property attracts agricultural property relief (APR) which means that agricultural property can be gifted free of IHT – or does it? There are situations where HMRC have successfully challenged the claim for APR. The rules are...
Thinking of Selling Your Welsh Land?

Thinking of Selling Your Welsh Land?

The Royal Institute of Chartered Surveyors (RICS) has recently announced that the price of Welsh farmland has increased by around 13% in the last 12 months. Although Welsh land is not as expensive as that of our English neighbours, the cost of an acre of Welsh...
Flood Defence Tax Relief

Flood Defence Tax Relief

In the Autumn Statement George Osborne announced that from 1 January 2015 businesses will be able to get tax relief on contributions to flood defense schemes. The detailed proposals have now been released and this relief will be important for landowners who are...
Renewable Energy: Beware The IHT Implications!

Renewable Energy: Beware The IHT Implications!

For landowners looking to secure income through renewable energy development, a key decision is whether to go it alone and install and operate the project themselves, or simply to lease the land to a developer. But the two options have very different tax consequences...