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Agriculture Act 2020 – changes to tenancies

Tax Planning for Farm and Land Diversification

Author:
Julie Butler (FCA)
Publisher:
Bloomsbury Professional
Publication Date:
2023
Law Stated At:
11 July 2023
Chapter 15: Farmland and buildings – the letting activity Moving to 100% APR from 50% APR on tenancies Agricultural Tenancies – the proposed business competency test ‘Tax-free’ accommodation Property allowance £1,000 for farming Security of tenure of agricultural employees Horse liveries The farmer’s long-term plan Capital allowances and the removal of wear and tear allowance Airbnb and loan interest Referral to an expert in cases of disputes Going glamping Business property relief (BPR) – the importance of ‘trading activity’ over ‘let property’ BPR – the importance of George The importance of additional services or facilities The electronic communications code ...

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