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Take tax relief on the assets – forget the liabilities
This article was originally published in Farm Tax Brief Volume 33 Issue 104 December 2018
Keep full documentation of payments to family to avoid challenges by HMRC
published in Farmers Weekly
Blurred Boundaries Written by Malcolm Gunn, consultant with Butler & Co, author of Tolley’s Inheritance Tax and joint author with Julie Butler of Stanley: Taxation of Farmers and Landowners
published in TAXATION
Quality not quantity - The quirks of principal private residence relief
Reproduced by kind permission of LawSkills Ltd from their website (www.lawskills.co.uk). A site dedicated to helping Private Client Practitioners.
published in TAXAdviser