Beneficiary fails to qualify for Agr Relief due to 80% test. Disponer farms the land as a business up to date of transfer/death, and has done so for the required period of time . Must the beneficiary carry on the business of farming ... ? If the farm was let to an active farmer would this qualify as a business ?? Not to confuse matters but Rental property is deemed to be a business for VAT purposes i.e sale of commercial property which was rented and continues to be rented can get relief VAT Transfer of Business relief >> would hope to rent the farm for the required time period i.e 6 years...
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