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Tolley conference, 30 April 2008. Reported by SIMON McKIE
KEY POINTS
- The importance of understanding the commercial context of landed estates.
- The single farm payment scheme.
- The transferable nil rate IHT band.
- Planning points for agricultural estates.
- Agricultural and business property reliefs.
Chairman: Alexander Dickinson
Speakers:
- Rhodri Thomas
- William Begley
- Christopher Finlay
- Susan Johnson
- Christopher Page
- Fiona Graham
- Michael Thomas
Tax and the commercial context
An adviser on landed estate taxation needs to understand its commercial context and the conference ably chaired by Alexander Dickinson opened with a fascinating review by Rhodri Thomas of recent market changes in agriculture.
He pointed out that after long years of stagnation there has been steady growth in agricultural land prices...
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