Valuation of agricultural tenancies
Valuation of agricultural tenancies
- 1992
- Law Society`s Gazette 89(11) 20 March 1992, 15(1) .
The Law Society of England and Wales and the Law Society of Scotland have agreed with Inland Revenue several points, which must be considered, when valuing an agricultural tenancy. An area of dispute was the Inland Revenue practice of using the percentage of the vacant possession value of the land as a starting point for the valuation. Summary of discussion with Inland Revenue.
PROPERTY-LANDLORD AND TENANT-TENANCIES-AGRICULTURAL TENANCIES
HYPOTHETICAL MARKETS
LAW SOCIETY
VACANT POSSESSION VALUE
Valuation
The Law Society of England and Wales and the Law Society of Scotland have agreed with Inland Revenue several points, which must be considered, when valuing an agricultural tenancy. An area of dispute was the Inland Revenue practice of using the percentage of the vacant possession value of the land as a starting point for the valuation. Summary of discussion with Inland Revenue.
PROPERTY-LANDLORD AND TENANT-TENANCIES-AGRICULTURAL TENANCIES
HYPOTHETICAL MARKETS
LAW SOCIETY
VACANT POSSESSION VALUE
Valuation