BMF O’Brien.

Decision released 17 October 2002.

Inheritance tax – Agricultural property relief – Freehold farmhouse owned and occupied by deceased – Whether farmhouse of a character appropriate to property – Inheritance Tax Act 1984, s. 115(2).

HEADNOTE

A residence was held not to be ‘of a character appropriate to the property’ under s. 115(2) of the Inheritance Tax Act 1984 for the purposes of calculating agricultural property relief where it was not proportionate in size and nature to the requirements of the farming activities conducted on the agricultural land concerned.

Facts

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