The taxpayer’s success in the case of Joseph Nicholas Hanson has been confirmed by the Upper Tax Tribunal. It echoed the lower tribunal’s view that ‒ contrary to HMRC guidance ‒ the ownership of a farmhouse does not affect its entitlement to agricultural property relief from inheritance tax. The only relevant question is who occupies the house.

My earlier blog on this can be found here.

The decision from the Upper Tax Tribunal can be found here.