The responsibilities of beneficiaries and executors when dealing with estates and inheritance tax liabilities
The income tax and capital gains tax charges that may arise on slice of the action schemes and overage.
Ascertaining the correct capital gains tax base cost for farming assets is always important.
Scrutinising the possibility of negligible value claims
Capital tax concerns when disclosing income from land and property
The First-tier Tribunal’s view of eligibility of relief on trading losses
Management of farmland can be crucial to agricultural property relief claims
Tax planning opportunities for farmers considering land development
JULIE BUTLER provides a practical guide to the tax implications of the new single payment scheme.
THE INTRODUCTION OF the Single Farm Payment is considered by many to be the most fundamental change to farming since the repeal of the 'corn laws'. It essentially means that farming subsidies are no longer 'coupled' to production, but are based on area and historical entitlement. The burning question has been: how will this impact upon the taxation of farmers and landowners?
JULIE BUTLER considers the tax treatment of wind farms.
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