CGT retirement relief: the business, the asset and the post-cessation disposal
CGT retirement relief: the business, the asset and the post-cessation disposal
- 1996
- Farm Tax Brief 11(6) June 1996, 44-45(2) .
Discusses the issue of retirement relief for assets used in a business and how farmers are affected by having to allow some parts of their business to continue, despite cessation, until the land is disposed of. Suggests that a solution may lie in the Agricultural Tenancies Act 1995. Case law.
AGRICULTURAL TENANCIES ACT 1995
CAPITAL GAINS TAX
DIPOSAL OF ASSETS
FARM BUSINESS TENANCIES
GLADSTONE V BOWER
KIRK AND RANDALL LTD V DUNN
MARRIOTT V LANE
RETIREMENT RELIEF
Discusses the issue of retirement relief for assets used in a business and how farmers are affected by having to allow some parts of their business to continue, despite cessation, until the land is disposed of. Suggests that a solution may lie in the Agricultural Tenancies Act 1995. Case law.
AGRICULTURAL TENANCIES ACT 1995
CAPITAL GAINS TAX
DIPOSAL OF ASSETS
FARM BUSINESS TENANCIES
GLADSTONE V BOWER
KIRK AND RANDALL LTD V DUNN
MARRIOTT V LANE
RETIREMENT RELIEF