Farmer v IRC [1999] STC (SCD) 321

Business Property Relief: Going for gold

Luke Busbridge examines the outcome of The Trustees of the David Zetland Settlement [2013], in which it was argued that a property business was eligible for 100% business property relief ‘Where a property business is being considered, the assumption is that it will not qualify for business property relief – unless the landlord can show …

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IHT: NAO problem

Catherine Ball examines the argument for reform of inheritance tax relief after two revealing reports ‘The NAO’s report, published in April, shows that the value of these two reliefs has grown faster than the amount of IHT collected. APR and BPR were two out of the four tax reliefs that had increased by more than …

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Update: News round-up

Zahra Kanani sets out recent developments in anti-money laundering, enforcement and BPR From 1 April 2011, equitable liability was replaced by a new statutory, special relief. Special relief is a form of overpayment relief that can only apply to amounts charged in HMRC determinations for income tax self-assessment or corporation tax self-assessment where no other …

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