Stanley: Taxation of Farmers and Landowners

This content is unique to LexisNexis

Commentary

This popular title deals fully with the implications of all taxes for landowners and farmers and takes account of the changed economic climate for farming in Britain.
* Discusses the latest developments in inheritance tax, capital gains tax, valuation of agricultural tenancies and VAT
* Includes guidelines, worked examples and checklists for a more practical explanation of a complex subject area

Taxation of Farmers and Landowners

In this Issue
Issue 47
December 2020

STOP PRESS

Issue 47 includes:

Please note that the Agriculture Bill, referred to throughout this edition of Stanley, received Royal Assent on 11 November 2020 and has now become the Agriculture Act 2020.

  • Agriculture Bill update at Guest and Horsford at [1.4]

  • The need to rectify farm accounts to show the correct position at [1.39]

  • The importance of the evidence of accounts for mixed use rate of SDLT at [1.43]

  • Changes to making tax digital deadlines at [1.49]

  • Repair of yard surface – Steadfast Manufacturing & Storage Ltd v HMRC at [2.42]

  • Naghshineh v HMRC case overturned in the Upper Tribunal at [2.114]

  • Furnished holiday accommodation and COVID-19 – grace day elections at [5.64]

  • Update for corporate loss restriction over £5m at [7.10]

  • COVID-19 VAT measures at [9.24] and [9.89]

  • Temporary reliefs from SDLT during COVID-19 at [10.32]

  • Update for recent case on multiple dwellings relied at [10.57A]

  • Unlimited timescale in relation to ‘arrangements’ giving rise to SDLT charge where land is transferred into a partnership at [10.77]

  • Sham argument raised by tribunal judge in IHT home loan case at [15.51]

  • Property development rules – `a big shake up’ at [17.5]
  • Contributors

     Julie Butler Author
     Malcolm Gunn Author