.png)
.png)
Carry on farming
Key points
- The consequences of death on business operations.
- Is there a succession plan?
- Protecting livestock and employment security.
- Self-isolation may be the opportunity to sort paperwork in farming situations.
- Is farmland owned outside of the business?
- The impact on inheritance tax business property relief.
What happens to the trade of farming and indeed all the farm diversified operations when a farmer dies and what are the consequences? Tax practitioners will be well advised to consider such issues during normal reviews of any business and in the context of future planning there has also been much in the news recently on the problems for dairy and potato farmers with reduced demand from coffee shops and restaurants respectively and what this means for...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
