IHT Issues for Farmers
Posted in Farming News on July 25th, 2009 by Jonathan Crowther – Comments Off
Jonathan Crowther acts for several farming clients and is frequently asked questions about how to pass on the farm and to explain ways to minimise Inheritance Tax. Understanding this complex area of tax is the first stage of a planning process. This article provides straightforward answers to many commonly asked questions.
With agricultural land values increasing and the value of farmhouses at a premium, it is vital that farmers do not lose their possible reliefs by unwittingly changing the nature of their business. There are many traps for the unwary or uninformed!
