Mr THK Everett.

Decision released 5 March 1998.

Inheritance tax – Agricultural property – Meadow owned by deceased subject to grazing agreement – Horses used for leisure purposes – Such use did not constitute occupation for the purposes of agriculture – Appeal dismissed – Inheritance Tax Act 1984, s. 117.

HEADNOTE

The issue was whether a field let for the grazing of horses qualified for relief as ‘agricultural property’ within IHTA 1984, s. 117.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.