Finance and Accountancy Briefing

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Important IHT Case Victory for Taxpayer – Landed Estates Update


For BPR to be available there has to be a business activity which is predominantly non-investment based. Thus, the owner of an in-hand farm would expect to receive 100% relief from IHT on the land and other properties associated with that activity. On the other hand, an estate owner who only lets his properties would not be granted any BPR, although they may be eligible for Agricultural Property Relief on appropriately let farmland and ancillary other property.

To read more about this case please download the briefing.

The Landed Estates Team
August 2010

Tags: Tax, HMRC.

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