IHTM24000 - Agricultural relief: contents
Introduction
| IHTM24001 | Introduction |
| IHTM24002 | Outline of the relief |
| IHTM24003 | Contracts and trusts for sale |
Investigating agricultural relief
| IHTM24011 | Ascertaining the facts |
| IHTM24012 | Relief on death – chart |
| IHTM24013 | Relief on potentially exempt transfers – chart |
| IHTM24014 | Relief on lifetime transfers chargeable when made - chart |
| IHTM24015 | Form D13 and D37 |
Investigation in 100% relief cases
| IHTM24021 | General approach |
| IHTM24022 | Sole farming businesses |
| IHTM24023 | Farming partnerships |
| IHTM24024 | Deceased as landlord |
| IHTM24025 | Interaction cases |
| IHTM24026 | Unquoted shares |
Liaison with the District Valuer
| IHTM24031 | Introduction |
| IHTM24032 | Role of IHT: general issues |
| IHTM24033 | Role of IHT: establishing the extent of the agricultural property in the estate, especially where "character appropriate" may be an issue |
| IHTM24034 | Role of IHT: action upon receipt of VOA interim agricultural report |
| IHTM24035 | Role of Valuation Office Agency (VOA): general issues |
| IHTM24036 | Role of Valuation Office Agency (VOA): character appropriate |
| IHTM24037 | Role of Valuation Office Agency (VOA): additional advice on agricultural property |
What is agricultural property?
| IHTM24041 | Definition of agricultural property |
| IHTM24042 | Agricultural land or pasture |
| IHTM24043 | Woodlands |
| IHTM24044 | Buildings used for intensive rearing of livestock or fish |
| IHTM24045 | Farm cottages |
| IHTM24046 | Farm buildings |
| IHTM24047 | Farmhouses |
| IHTM24048 | Short rotation coppice |
| IHTM24049 | Stud farms |
| IHTM24050 | Growing crops, cultivations and unexhausted manures |
| IHTM24051 | Fishing and sporting rights |
| IHTM24052 | Set-aside scheme |
| IHTM24053 | The Habitat Scheme |
| IHTM24054 | The Countryside Stewardship scheme |
| IHTM24055 | Other agri-environment schemes |
| IHTM24056 | Milk Quota |
| IHTM24057 | Obtaining a value for Milk Quota |
| IHTM24058 | Potato and other crop quotas |
Value and valuation of agricultural
property
| IHTM24071 | Agricultural value of agricultural property |
| IHTM24072 | Excess of value over agricultural value - interaction with business relief |
| IHTM24073 | Treatment of mortgages and debts |
| IHTM24074 | Partnership interests |
| IHTM24075 | Buildings and fixtures erected by a tenant farmer |
| IHTM24076 | Interaction with exemptions |
The rate of agricultural relief
| IHTM24081 | Introduction |
| IHTM24082 | What rate of relief applies? – chart |
| IHTM24083 | The rate of agricultural relief: vacant possession and the higher rate |
| IHTM24084 | The rate of agricultural relief: grazing licences and the higher rate |
| IHTM24085 | The rate of agricultural relief: tenancies created on or after 1 September 1995 and the higher rate |
| IHTM24086 | The rate of agricultural relief: extra statutory concession F17 about vacant possession |
| IHTM24087 | The rate of agricultural relief: special rules for farm cottages |
| IHTM24088 | The rate of agricultural relief: transitional relief at the higher rate for let land |
| IHTM24089 | The rate of agricultural relief: Relief under FA 75/SCH8 |
| IHTM24090 | The rate of relief: the lower rate on all other property |
What are agricultural purposes?
| IHTM24101 | Introduction |
| IHTM24102 | Qualifying uses of land |
| IHTM24103 | Other uses of land |
| IHTM24104 | Uses of farmhouses, cottages and other buildings |
The occupation condition
| IHTM24111 | Introduction to the occupation and ownership conditions and details of the occupation condition |
| IHTM24112 | Two-year occupation test – chart |
| IHTM24113 | When is a property occupied? |
| IHTM24114 | When is a property not occupied? |
| IHTM24115 | When is a farmhouse not occupied, the case of Executors of G W Harrold deceased v CIR Sp C 71 |
The ownership condition
| IHTM24121 | Introduction |
| IHTM24122 | Seven-year ownership test - chart |
| IHTM24123 | What is the meaning of ownership? |
| IHTM24124 | When is land let on a grazing license considered occupied by the deceased/transferor or another |
| IHTM24125 | Reversionary interests |
Replacement property
| IHTM24131 | Introduction |
| IHTM24132 | Two year occupation test – chart |
| IHTM24133 | Seven year ownership test – chart |
| IHTM24134 | Application of IHTA84/S118 |
| IHTM24135 | Limitation of relief |
| IHTM24136 | Example of limiting the relief |
| IHTM24137 | Interaction with business relief |
Successions
| IHTM24141 | Introduction |
| IHTM24142 | Two year occupation test – chart |
| IHTM24143 | Seven year ownership test - chart |
| IHTM24144 | Application of IHTA84/S120 |
| IHTM24145 | The occupation requirement |
| IHTM24146 | Example of the occupation requirement |
| IHTM24147 | Example of occupation by a company |
| IHTM24148 | Application with the transitional provisions |
Successive transfers
| IHTM24151 | Introduction |
| IHTM24152 | Conditions to be satisfied – chart |
| IHTM24153 | Application of IHTA84/S121 |
| IHTM24154 | The occupation condition |
| IHTM24155 | Limitations on relief |
| IHTM24156 | Examples of relief |
Lifetime transfers
| IHTM24161 | Introduction |
| IHTM24162 | Value transferred greater than the value of the property transferred |
| IHTM24163 | Property is agricultural only by reference to estate as a whole |
Additional conditions for lifetime
transfers
| IHTM24171 | Introduction |
| IHTM24172 | The additional conditions – chart |
| IHTM24173 | The four conditions |
| IHTM24174 | Original property |
| IHTM24175 | Where shares or securities are the original property |
| IHTM24176 | Continuing ownership |
| IHTM24177 | Remaining agricultural property |
| IHTM24178 | Continuing occupation |
| IHTM24179 | The transferee |
| IHTM24180 | Failure to satisfy the conditions |
| IHTM24181 | Replacement property (other than shares or securities) |
| IHTM24182 | Replacement property (other than shares or securities) – chart |
| IHTM24183 | Replacement property; shares or securities |
Gifts with reservation of benefit
| IHTM24191 | Introduction |
| IHTM24192 | Relief for agricultural property |
| IHTM24193 | Relief for agricultural property - chart |
| IHTM24194 | Agricultural property at the time of the GWR charge |
| IHTM24195 | Relief for shares and securities |
| IHTM24196 | Interaction with business relief for shares and securities |
| IHTM24197 | Relief for shares and securities - chart |
| IHTM24198 | Notional transfer by the donee |
| IHTM24199 | Substitutions and accretions |
Agricultural tenancies
| IHTM24201 | Introduction |
| IHTM24202 | Overview of the legislation 1948 to 1995 |
| IHTM24203 | Definition of a lease as opposed to a licence |
Agricultural Holdings Act (AHA) 1986
| IHTM24211 | What is an agricultural holding? |
| IHTM24212 | The protected annual tenancy |
| IHTM24213 | Extension to statutory protection |
| IHTM24214 | Exceptions to statutory protection |
| IHTM24215 | Occupation that does create a tenancy |
| IHTM24216 | Security of tenure |
| IHTM24217 | Sub-tenancies of agricultural land |
| IHTM24218 | Succession to agricultural holdings |
| IHTM24219 | Compensation on termination of the tenancy |
Inheritance tax implications of the AHA 1986 and Agricultural Holdings (Scotland) Act 1991
| IHTM24220 | Inheritance tax implications of the AHA 1986 and Agricultural Holdings (Scotland) Act 1991 |
Agricultural Tenancies Act (ATA) 1995
| IHTM24231 | Introduction |
| IHTM24232 | The business conditions |
| IHTM24233 | The agriculture condition |
| IHTM24234 | The notice condition |
| IHTM24235 | Tenancies excluded from the 1995 Act |
| IHTM24236 | The contract of a farm business tenancy |
Inheritance tax implications of the ATA 1995
| IHTM24240 | Inheritance tax implications of the ATA 1995 |
