FBT and Stamp duty

Salopian_Will

Member
BASE UK Member
Location
Shropshire
SDLT could be due whether the lease > 7 years or not. The relevance of 7 years is that it is the length at which a lease becomes registerable at the land registry, making it difficult to avoid. The calculator is here. https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro

By way of example a 5 year FBT at £50k p.a. will incur £757 of SDLT according to the calculator.
 

ISCO

Member
Location
North East

SFI - What % were you taking out of production?

  • 0 %

    Votes: 79 42.5%
  • Up to 25%

    Votes: 65 34.9%
  • 25-50%

    Votes: 30 16.1%
  • 50-75%

    Votes: 3 1.6%
  • 75-100%

    Votes: 3 1.6%
  • 100% I’ve had enough of farming!

    Votes: 6 3.2%

Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,287
  • 1
As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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