News

Landowners urged to consider IHT planning

'Scottish landed estates are advised to look at their inheritance tax planning in the wake of a recent decision of the Special Commissioners, Brander (Representative of the late 4th Earl of Balfour) v HMRC. The Whittingehame estate in East Lothian has fought off a strong challenge by the Revenue to its claim for business property relief on the whole estate, a mix of an inhand farming operation, let farms, woodlands – and a significant number of let cottages.'

To read the full article by Peter Nicholson, click here.