The
Finance Acts 1998 and 2000: Can the owners of Agricultural land continue
to
Gain from their
Capital disposals?
Roger Gibbard
April 2001
Working Papers in Land Management and Development 02/01
pp. 19
Abstract
This
paper seeks to analyse and discuss, from the perspective of the owners
of agricultural land, the main changes to the Capital Gains Tax regime
introduced in the Finance Act 1998 and subsequently amended in the Finance
Act 2000. The replacement of indexation with a new Taper relief is
examined, along with the phasing out of Retirement relief, and the interaction
of Taper relief with Rollover relief. The opportunity for tax mitigation
by the owners of agricultural land is critically examined.
To
Main Menu