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Josiah Hincks Solicitors

Inheritance Tax on Agricultural Land ­Depends on Open Market Value

Inheritance Tax on Agricultural Land ­Depends on Open Market Value

Agricultural land, like any other asset, is ultimately worth what someone is willing to pay for it and the only sure means of assessing its value is to expose it to the open market. A tribunal made that point in ruling on an Inheritance Tax

Digital Newspaper Editions Granted VAT Zero-Rating in Media Test Case

Digital Newspaper Editions Granted VAT Zero-Rating in Media Test Case

Is an intangible, digital version of a printed newspaper itself a ‘newspaper’, thus benefiting from VAT zero-rating? In a ruling of huge importance to the media industry, the Upper Tribunal (UT) has answered that burning question in the affirmative. A media company published digital versions