000			01639cai a22002295a 4500
001			L140343
008			070919e20070417xxk f w 100 0 eng d
035			_a(Sirsi) u140343
041	0		_aeng
050	0	4	_a336.2250942 $2 21
111	2		_aRoots Rural Research Conference 2007 _cRICS, London _d17 April 2007
245	0	0	_aJust what is a farmhouse? _brecent developments in agricultural property relief from inheritance tax and their implications for professional valuation practice _h[electronic resource]
260			_aLondon _bRICS _c2007
520			_aDiscusses the boundaries of Agricultural Property Relief (APR) from Inheritance Tax (IHT), with particular reference to the decisions from the Special Commissioners and Lands Tribunal in the Antrobus and McKenna cases. Analyses these cases in the context of professional practice in the fields of client advice and valuation. Finds that professional instructions for Inheritance Tax valuations are failing to recognise the rigorous requirements which must be satisfied if a claim for APR is to succeed. Offers guidance on a four stage test to determine the appropriate level of APR for a farmhouse and farm buildings. Explores the implications of this for the professional relationship between valuers, executors and their solicitors.
590			_aka
650	2	4	_aMCKENNA
651		4	_aEngland and Wales _y1543-
690			_aPROPERTY-PROPERTY APPRAISAL AND VALUATION-INHERITANCE VALUATION
700	1		_aCowap, Charles
856	4	8	_uhttps://www.rics.org/site/download_feed.aspx?fileID=5195&fileExtension=PDF _zView this article free of charge at www.rics.org...
942			_n0
999			_c107485 _d107485