Business and Agricultural Property Relief

ISBN-13: 9781845923440 / Angielski / Miękka / 2011 / 672 str.

Toby Harris;Iris Wunschmann-Lyall;Mark McLaughlin

Opis

This fully updated fifth edition is devoted exclusively to the complex issues of business property relief, agricultural property relief, and woodlands relief in the UK. Each is examined in detail, highlighting the common pitfalls encountered in practice, as well as UK tax planning opportunities.

Spis treści

1 Introduction; 2 Agricultural Property: qualifying property; 3 Agricultural property: agricultural value, the rates of relief, occupation and other aspects; 4 Agricultural property: areas of particular concern; 5 Business property: property qualifying for the relief; 6 Business property: the rates of relief, limitation to the relief; 7 Relevant business property: exceptions to the relief: excepted assets; 8 Relevant business property: aspects of valuation and the treatment of liabilities; 9 Relevant business property: exceptions to the relief: 'wholly or mainly holding investments'; 10 Clawback; 11Woodlands; 12 Overlap of APR and BPR; 13 Tax shelters; 14 General planning points; 15 Will planning; 16 APR and BPR: the new regime; 17 Heritage property: what qualifies, undertakings and access; 18 Heritage property: application for exemption and variation of undertakings; 19 Heritage property: loss of the exemption; 20 Heritage property: the regime for relevant property trusts; 21 Maintenance funds; 22 Compliance; 23 Payment of IHT.