An expert guide to the rules of inheritance tax relief for business, farm, woodland and heritage property, and the only book on the market to cover all these reliefs in the same volume. The new edition reflects the hugely significant changes to Agricultural Property Relief (APR) and Business Property Relief (BPR), announced in the 2024 Autumn Budget.
Recenzijos
An excellent resource for lawyers, accountants, and trust and estate practitioners who need to negotiate the complex legislation relating to agricultural property relief, business property relief, woodlands relief, and heritage property relief It is difficult to find any criticism a valuable addition to any private client library and essential reading for practitioners navigating the intricacies of these four reliefs. * STEP Journal (of a previous edition) *
Daugiau informacijos
An expert guide to the rules of inheritance tax relief for business, farm, woodland and heritage property, and the only book on the market to cover all these reliefs in the same volume.
Chapter 1: Introduction
Chapter 2: Agricultural property: qualifying property
Chapter 3: Agricultural property: agricultural value, the rates of relief,
occupation and other aspects
Chapter 4: Agricultural property: areas of particular concern
Chapter 5: Business property: property qualifying for the relief
Chapter 6: Business property: the rates of relief, limitations to the relief
Chapter 7: Relevant business property: exceptions to the relief: excepted
assets
Chapter 8: Relevant business property: aspects of valuation and the treatment
of liabilities
Chapter 9: Relevant business property: exceptions to the relief: wholly or
mainly holding investments
Chapter 10: Clawback
Chapter 11: Woodlands
Chapter 12: Overlap of APR and BPR
Chapter 13: Tax shelters
Chapter 14: General planning points
Chapter 15: Will planning
Chapter 16: APR and BPR: the new regime
Chapter 17: Heritage property: what qualifies, undertakings and access
Chapter 18: Heritage property: application for exemption and variation of
undertakings
Chapter 19: Heritage property: loss of the exemption
Chapter 20: Heritage property: the regime for relevant property trusts
Chapter 21: Maintenance funds
Chapter 22: Compliance
Chapter 23: Payment of IHT
Appendices
Appendix 1: Statutory Instruments
Appendix 2: Extra Statutory Concessions
Appendix 3: HMRC Revenue Statements
Appendix 4: HMRC and other press releases
Appendix 5: Heritage property: the old rules
Chris Erwood is tax director of Erwood & Associates Ltd and is a qualified associate of both the Chartered Institute of Taxation and STEP.
