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CGT on agricultural and woodland
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PaulCooper
Posts: 296 Forumite
in Cutting tax
Are capital gains made on the sale of agricultural land and woodland treated (from a CGT point of view) in the same way as any other capital gain?
Thanks in advance
Paul
Thanks in advance
Paul
0
Comments
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depends what you mean by "woodland"
https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg73200
as for "agricultural" land, no, it is the same unless subject to a development value
https://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg702000 -
OK thanks for the links, looks like I'm out of luck
Paul0
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