Two forthcoming events at Harper Adams University, Shropshire should be of great interest to practising rural surveyors, valuers and other rural land managers. The first event sees us joined by Barry Denyer Green of Falcon Chambers for a question-time event on compulsory purchase. The second is a new rural research conference being hosted at Harper … Continue reading Two really useful CPD events at Harper Adams
Saturday's BC Radio 4 Today programme broadcast an interview with Prof Dieter Helm, the economist who chairs the government's Natural Capital Committee. Prof Helm made some cogent points about the ad hoc development of various policies for the agricultural industry, calling farmers subsidy junkies along the way and highlighting 'exemptions' from tax. He particularly mentioned … Continue reading Farming tax breaks: true or false
Headline points from the 2016 Budget for the rural economy and property. Get out of sugar, get into tunnelling, run a micro-business on the side, infrastructure needs you, take your capital gains now, incorporation is looking better and better unless you intend to sell your professional services to the public sector, drink whisky and beer … Continue reading Budget 2016: Rural and property points
This year's edition of Concise Rural Taxation is now available. See the tab for further details of this year's content, how to order and price (held at the same level as last year).
The fanfare for this Summer's July Budget trumpeted the arrival of a £1 million IHT exemption for the family home. The detail is not so clear cut. Chancellor George Osborne has introduced a new residence exemption from IHT. It works like this.The new exemption will start in 2017 at £100,000 per person, and rises to … Continue reading Inheritance Tax Residence Exemption: Even more smoke and mirrors from the 2015 Summer Budget
Trusts are subject to Income Tax, Value Added Tax, Capital Gains Tax and Inheritance Tax in much the same way as individuals. Each tax has important differences in the way it treats trusts, generally treating the trust as a higher rate taxpayer with little or no personal allowance. Inheritance Tax in particular has a special … Continue reading Trustees: Need to Know 3 – Tax is not the only reason
The personal responsibility of an estate trustee far exceeds that of a company director, shareholder, limited liability partner or sole trader. This responsibility extends to settlors and beneficiaries, and many others besides. Many people rely on rural estates for their livelihood and homes. Estates are under wider public scrutiny on a scale never experienced before. … Continue reading Trustee Development Spring 2015