Welcome to our latest newsletter, covering a variety of topics related to the agricultural industry, as well as a recent arrival to the team.
In this edition we look at how to claim Agricultural Relief on a farmhouse, as well as how the recent Budget has impacted claiming for this relief.
Kate Jardine from our planning team also explores Biodiversity Net Gain and what it means for the industry. We also highlight proposed changes to the right to roam.
As always, if you have any questions about any of the topics raised, please do get in touch.
Has the 2023 Budget had any impact on agricultural relief?
Agricultural relief for inheritance tax is currently available on qualifying land and buildings in the UK and in the European Economic Area (EEA), the Channel Islands and the Isle of Man. However, the 2023 Spring Budget changed the geographical scope of land that can benefit from this relief. Esther Lee looks at how the Budget has impacted agricultural relief.
Biodiversity Net Gain in England
Biodiversity Net Gain (or BNG) is a principle which aims to leave the natural environment in a measurably better state after development than beforehand. Kate Jardine looks at BNG in England and its requirements. She also considers exemptions to BNG.
Power to the people
Kate Jardine from our Planning team looks at the possibilities of diversification for farmers. She explores how planning should assist in the protection and enhancement of our natural environment. It should also adapt to climate change and support the transition to a low carbon future.
Thomson Snell & Passmore strengthens planning team
We have recently welcomed Zak Moallim to our planning team. Zak’s appointment adds further strength and depth to our planning offering to clients.
What does the Countryside and Rights of Way Act 2000 (Amendment) Bill mean for landowners?
As spring comes into full swing and the sun begins to shine, landowners should be aware of the proposed amendments to the Countryside and Rights of Way Act 2000. Oliver Appelboam-Meadows gives comment on the Bill in his article.
Tenant Farmers and the Rock Review
In 2022, the Independent Tenancy Working group, chaired by Baroness Rock was established. Farmers help to feed the nation and grow the rural economy so it is important that they are protected. The group helps to consider accessibility to Environmental Land Management Schemes, and looks at the long-term changes needed to ensure a flourishing agricultural sector. Robert Trench explains the Rock Review in his article.