Agricultural Property Relief: Opportunities and Problems
Details
- CPD Hours: 1.5 hours
- Expires after: 120 Days
- £30 Plus VAT
Access
All purchases are for a single user only.
If you are purchasing for other delegates and not yourself, you will be prompted to complete their details instead.
Contents
There are opportunities for estate planning for farming clients (if they can be persuaded to pay for it). This video will cover the following:-
- When is APR available?
- Partnerships and companies:
- What happens on death? Are provisions clear?
- Who owns the assets? Lessons from Ham v Bell
- Getting APR on a farmhouse
- Is it a farmhouse?
- The problems for elderly farmers: are share farming and contract farming arrangements the answer?
- Is it character appropriate?
- Redundant farm buildings:
- Are they occupied for the purposes of agriculture?
- What to do with them?
- Availability of the residence nil rate band on farmhouses
- Planning opportunities including life time transfers
- Unjustifiable claims for relief: risk of penalties
Learning objectives
After this video you will be able to:
- Identify estates where APR will be available
- Identify potential problems obtaining the relief
- Advise on possible planning to maximise the relief
- Advise on the availability of the residence nil rate band on farmhouses
£30.00 + VAT