Conference season is truly hotting up and this week we are managing two global conferences, the first commencing the morning and running across five days, with 25 speaker sessions, breakout rooms, networking sessions and panel discussions. The event has attracted hundreds of professional delegates looking to explore and unpick the hottest topics and biggest questions in their field.
The UK’s Tenant Farmers Association (TFA) has launched a new campaign on Farm Business Tenancies (FBTs), aimed at more than doubling the average length of term offered by landlords on FBTs. According to TFA National Chairman Stephen Wyrill, farm businesses need long-term security to ride out economic storms, and to service the borrowing necessary to support business development.Wyrill said that landlords have gained considerably from recent legislative changes, and, in particular, a 100 percent Agricultural Property Relief from inheritance tax (IHT). Under the scheme, landowners can pass on some agricultural property free of IHT, either during their lifetime or as part of their will. Qualifying agricultural property is classified as land or pasture that is used to grow crops or to rear animals intensively.
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