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Son will inherit farm from his father on his death. He will also jointly inherit a farm house (family home). At the moment he would meet the 80% farmer test. However, he & his wife plan to build their PPR on the farm in the near future. Will this count as agricultural property for purposes of 80% farmer test? Father ceased farming a few years ago so is unlikely to get RR if farm is transferred now.

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Posted by (Questions: 92, Answers: 18)
Asked on 12 February 2019 10:44 am
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CATCA 2003 s 89(1): “agricultural property” means agricultural land, pasture and woodland situate in a member State and crops, trees and underwood growing on such land and also includes such farm buildings, farm houses and mansion houses (together with the lands occupied with such farm buildings, farm houses and mansion houses) as are of a character appropriate to the property, and farm machinery, livestock and bloodstock on such property... The PPR would need to be within this definition (i.e., a farm house or mansion house of a character appropriate to the property). Don't ask...
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Posted by (Questions: 5, Answers: 4811)
Answered on 27 February 2019 11:19 am