Article Category

An organisation called Tax Justice Network was reported in the Guardian on 3 June 2019 as having published a report entitled “How Inheritance Tax breaks favour the well-off”. It comments on the [...]

It is imperative to look at all inheritance tax planning for the UK farming industry, especially with the introduction of the Agriculture Bill and increasingly elderly farmers. Emphasis must be [...]

At last – a win for the tax payer on Furnished Holiday Letting (FHL) and IHT Business Property Relief (BPR) - PRs of Graham v HMRC [2018] UK FTT 306. Grace Graham ran a business from her home at [...]

All tax advisers are prepared for the concept of ‘hope value’ and the need to put tax protection in place. This ‘hope value’ is the difference between agricultural value (AV) as defined by [...]

The deceased, Mrs Ross, owned two-thirds of a business which ran and managed eight holiday cottages and two staff flats. HMRC determined that the business did not qualify for business property [...]

The First Tier Tax Tribunal (“The Tribunal”) has held that a furnished holiday letting business involved mainly the making and holding of investments so that it did not qualify for Business [...]

It is fair to say that the vast majority of those involved in the trade of furnished holiday accommodation consider the activity to be a trade. Such a view is supported by the professionals [...]

It is fair to say that this is not the author’s first article on the need for the robust farming Partnership Agreement. However, there is no apology for re-emphasising the risk of having no Agreement.

When the words “Tax Return” spring to mind, immediate word associations for professional advisers could be “31 January deadline” and “income tax mitigation”. However, high on the list of the [...]

The latest edition of this highly technical book reflects the law as it stands at July 2014. The preceding (5th) edition was published in May 2011; changes in legislation since then, and recent [...]