U.K.’s Office of Tax Simplification Takes Aim at Inheritance Tax The Office of Tax Simplification (“OTS”) is reviewing the UK’s Inheritance Tax (“IHT”) regime, with specific focus on both process and administrative issues associated with IHT. It is also looking at more technical areas including disclosure, estate planning and the plurality of available reliefs. The…
For many years the yields from agricultural land farmed in the conventional way have been low, and have proved insufficient to cover costs and build up capital sums for the needs of an Estate.
The impetus towards diversification to provide non-agricultural sources of income started many years ago, and has in many cases been extremely successful in providing the cash needed.
We have been involved in many different schemes over the years and thus have experience which can usefully be applied to the consideration of opportunities as they arise.