Budget 2016: Rural and property points

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 not wine. Despite this, old age and death are beginning to look expensive.

A £3.5 bn reduction in public expenditure is not intended to dent George Osborne’s claim that, “We [ie the Conservative Government] are the builders”. Practically this means Continue reading “Budget 2016: Rural and property points”

Stamp Duty Land Tax and Commercial Forestry

A curious question was posed at last week’s RICS Rural Web class on Forestry Taxation and Valuation.  Can Stamp Duty Land Tax (SDLT) on the purchase of commercial forestry be reduced by removing the value of the trees from the overall purchase price?  Further investigation was required.

It seems that the Birmingham Stamp Office has Continue reading “Stamp Duty Land Tax and Commercial Forestry”