SCIT Business property relief for inheritance tax purposes – Whether the whole or Ragley Hall qualified notwithstanding part of the interior in private occupation – Section 110 – Meaning of asset – Building wholly or mainly used for business – No provision for apportionment – Exterior wholly used for business – Single asset – Appeal allowed
Citations:
[2004] UKSC SPC00444
Links:
Statutes:
Inheritance Tax
Updated: 28 June 2022; Ref: scu.221415