A few headline points for the rural economy from today's budget, to add to the mainstream reporting: Deeds of variation for Inheritance Tax: a consultation is to report by Autumn. It is therefore important to pursue any deeds of variation which may be needed straightaway, and to review wills to ensure that deeds of variation … Continue reading £1 million party to celebrate Agincourt: Don’t take the budget too seriously
Term starts at Harper Adams and the final year REALM (Rural Enterprise and Land Management) students have just returned from their placement years. It's always good to see them back from placement: confident after their year's experience, appetites for learning refreshed and the maturity that comes from direct professional experience. One of the early tasks … Continue reading Dissertation Time
The annual RICS Rural Land Conference takes place at the Royal Agricultural College, Cirencester on 21 June 2012. Richard Benyon, Defra minister for environment and fisheries is due to open the conference. Speakers from our leading rural surveying and legal firms, government, CLA, Andersons Consulting, and the RICS rural partner universities will address a range … Continue reading No future for rural chartered surveyors, valuers and estate managers?
Twelve new Nature Improvement Areas (NIAs) today learn that they will share £7.5 million of Defra (Department for Environment, Food and Rural Affairs) funding over the next three years. The scheme only applies to England but already Stuart Housden, RSPB Director for Scotland has welcomed the scheme on twitter (@StuartHousden: This is an idea the … Continue reading Nature Improvement Areas: £384,000 wasted
The price of energy and agricultural commodities featured early in George Osborne's Autumn Statement to Parliament today. They share the blame for the UK's economic slowdown in the last 18 months. But these were not the only rural interests in the Autumn Statement. Some detailed proposals which did not command the headlines include: Rural Broadband: … Continue reading #AS2011: Rural aspects of the Government’s Autumn Statement on the economy
The following links provide helpful information on the current CAP proposals: European Commission (the Horse's Mouth): http://ec.europa.eu/agriculture/cap-post-2013/index_en.htm DEFRA (how UK sees it): http://www.defra.gov.uk/food-farm/farm-manage/cap-reform/ EBLEX Euro News site (how a levy board sees it): http://www.eblex.org.uk/news/euro.aspx EBLEX CAP briefing: http://www.eblex.org.uk/documents/content/news/n_eu_cap-eblex141011.pdf NFU notes (speaking up for farmers): http://www.nfuonline.com/our-work/economics/cap/ CLA notes (speaking up for landowners): httup://www.cla.org.uk/Policy_Work/CAP_Reform/ TFA notes (the … Continue reading Common Agricultural Policy (CAP): Links and resources
The Upper Tribunal (Tax and Chancery) has now published its report on the Atkinson case, mentioned briefly here at the end of last week. The case hinged around the question of whether the late Mr Atkinson's bungalow had been 'occupied for the purposes of agriculture', as required by s117 of the Inheritance Tax Act in … Continue reading Atkinson case: Inheritance Tax Agricultural Property Appeal Report published