Farming Monthly National June 2016 | страница 6

| News Tax tribunal: Grazing NFU livestock chair agreement owners must speaks out over livestock farm for Business Relief worrying Landowners who let land on a grazing agreement must play an active role if they are to secure valuable tax reliefs, following the ruling of a Tax Tribunal in Northern Ireland. lthough case law has long indicated that landowners must physically manage the land to qualify for business tax relief, there is now a clear First Tier Tribunal decision on Capital Gains Tax. “This new decision adds further weight and clarification to the previous case law,” says Jeremy Moody, Secretary and Adviser at the Central Association of Agricultural Valuers (CAAV). “Although the case revolves around a conacre (seasonal grazing) agreement in Northern Ireland, the ruling is extremely pertinent to landowners with grazing or cropping agreements across the UK.” A “This new decision adds further weight and clarification to the previous case law” Central to the Tribunal’s decision in Allen v HMRC were the actions of the landowner and the grazier, not just the terms of the agreement. In this case, the landowner, John Allen, let 10 acres of pasture to a neighbour for seasonal grazing and silage from March to November. However, he also used the land as lairage for animals sold in the market yearround and grazed it over the winter. Importantly, Mr Allen also supplied fertiliser for the tenant to apply when needed, and engaged a contractor to cut the weeds and hedges. “HMRC asserted that the grazier had sole occupation of the land, saying that if the grazier was in occupation the owner could not be,” says Mr Moody. “However, the Tribunal rejected that on the evidence before it. This case turned on its own facts: Had Mr Allen not shown that he both occupied and undertook responsibility for husbandry of the land he would not have won this relief.” Although the case related to Business Asset Taper Relief from Capital Gains Tax (CGT) – which was abolished in 2008 – the decision is relevant to current business reliefs from CGT such as Entrepreneurs’ Relief and Rollover Relief. It is therefore relevant to any landowner with land let on a grazing or cropping agreement. “Those who wish to be treated as farmers for tax purposes must meet the legal tests for that status,” says Mr Moody. “It is not the label on the agreement that matters but the actual terms agreed and what is done.” In addition, the Tribunal rejected the claim that the activity was an investment. “Even though the land had some development potential it was being occupied for the purposes of husbandry and managed on a commercial - if modest - basis,” says Mr Moody. “This latest decision shows what an owner of a grass let has to do to qualify for tax relief.” 06 | Farming Monthly | June 2016 NFU livestock board chairman Charles Sercombe is to tell farmers and members of the public that we must do more to prevent cases of livestock worrying, and calls upon police forces to investigate incidents and prosecute those that act irresponsibly. peaking at the Sheepwatch UK event in Loughborough recently, Charles Sercombe will give some key recommendations to the farming community how they can ensure reductions in incidences of livestock worrying. Mr Sercombe said: “Livestock worrying has a devastating impact on animal welfare and the farm businesses. We need to continually reiterate to the public as part of our Love Your Countryside campaign there is the ever increasing need for vigilance and take responsibility for their dogs to prevent straying and to keep them under control when walking near livestock. “What I will be saying to farmers is that we need to be very mindful of how difficult it is to pursue a criminal case when these incidents occur as gathering evidence is notoriously difficult. However, I would by no means say in some cases this isn’t necessary. All too often we hear about repeat cases of worrying where dog owners allow their pet to roam free around livestock – let’s be clear this is wholly unacceptable and these cases must be addressed by the authorities. “We would urge farmers to speak to their local police force if S they are encountering problems and to find out what can be done to prevent cases of livestock worrying. Farmers should also explore with their local police how they gather evidence and only in the last resort should farmers considered shooting the dog.” “We would urge farmers to speak to their local police force if they are encountering problems and to find out what can be done to prevent cases of livestock worrying” Given the amount of public interest and the increase in cases of livestock worrying that have occurred recently, the NFU has worked hard to raise the profile amongst farmers and promote responsible dog ownership in an attempt to reduce these incidents. “This year has seen the launch of new dog signs to remind the public to keep their dogs on a lead and there is a business guide which details to farmers what options they have when an incident occurs. We hope these, along with the other initiatives, like the event this week will decrease this growing problem on livestock farms.” www.farmingmonthly.co.uk