Inheritance tax
Language: English Series: Farmland Market ; (67) Summer 2007, 10-11(2)Publication details: 2007Subject(s): Summary: Reports three key cases over the last five years which have implications for the availability of agricultural property relief (APR) for inheritance tax on farmhouses. Suggests that the Revenue will look closely at arrangements on the ground and that if the owner of the farmhouse is not the person making the day-to-day farming decisions then that house would be unlikely to qualify for APR. Discusses the possibilities of more farms having to be sold due to possible IHT bills.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L138657 (Browse shelf(Opens below)) | 1 | Available | 138657-1001 |
Reports three key cases over the last five years which have implications for the availability of agricultural property relief (APR) for inheritance tax on farmhouses. Suggests that the Revenue will look closely at arrangements on the ground and that if the owner of the farmhouse is not the person making the day-to-day farming decisions then that house would be unlikely to qualify for APR. Discusses the possibilities of more farms having to be sold due to possible IHT bills.