News
Inheritance tax relief for property-based businesses
As land values have increased considerably in the last few decades without any significant increase in the inheritance tax nil rate band, the availability of tax relief has become ever more important.
One of the main reliefs relevant to land is Business Property Relief or BPR. Under BPR legislation, relief is given for ‘relevant business property’, the definition of which specifically excludes any business which consists wholly or mainly of making or holding investments. Wholly or mainly is defined as over 50% for the purposes of inheritance tax.
Categories: Rural/Agri-businesses and Landed Estates
Sydney Metro scheme to benefit from Crossrail expertise
Engineering expertise developed on Crossrail is being used on Australia’s £11bn Sydney Metro project in Australia. More global cities are also set to benefit from the UK’s mega-project.
Speaking at the NCE100 Breakfast Club in London, former Crossrail procurement director Martin Rowark said the promotional arm of Crossrail, Crossrail International, is working with the New South Wales Government on the Sydney Metro project.
Categories: Transport, Logistics and Infrastructure
Oxford Farming Conference - Embracing Change
At the beginning of January 2018, Hanover Fox International Consultants Peter Fenton, Charlie van Exter and Richard Langton attended the annual Oxford Farming Conference.
One of the main themes at this year’s conference was how new technology and innovation is transforming the rural sector. New technologies are helping tackle the issues around labour shortages, time frames, yields and food science. It is also helping open up the rural economy to a new generation of younger farmers, looking to maximise the use of technology and innovation within their work.
Categories: Rural/Agri-businesses and Landed Estates
Elifar - Hanover Fox International Christmas Charity of choice
Hanover Fox International is delighted to have made a donation to The Elifar Foundation for this year's Christmas Cards.
New Group CEO joins Camgrain
Camgrain, the leading grain storage and marketing business founded in 1983, has announced the appointment of Simon Willis to the newly created role of Group Chief Executive Officer.
Categories: Rural/Agri-businesses and Landed Estates
