Show Summary Details Introduction Business property relief (BPR) – 50% relief is not enough Partnership land capital account and disputes Excepted assets for BPR – how can this be avoided? Farm cottages – maximising the rate of IHT relief APR – a relief not an exemption Deed of variation – surviving spouse exemption Binding contract for sale The bold step of gifting the assets now The farmers’ exit payments and gifting Gifts with reservation of benefit (GROB) Related property and the single unit Managing liabilities and money deposits Farm diversification, the farm valuation, IHT400 private use Lifetime transfers – clawback rules Replacement of agricultural property by business property Retiring partners – should a farmer ever retire? ‘Making or holding investments’ Agriculture and high capital employment Is a farmer trading or holding investments? Government’s response to OTS reports on CGT, IHT and SDLT Life assurance – when all else fails The ‘historic’ farming family ...