Commentary

I7.403 Non-agricultural woodlands—conditions of relief

IHT, trusts and estates

I7.403 Non-agricultural woodlands—conditions of relief

I7.403 Non-agricultural woodlands—conditions of relief

For the woodlands relief1 to be available, the deceased must have been beneficially entitled to, or to an interest in possession in, the land2 throughout the five years immediately preceding his death, or have become beneficially entitled to it otherwise than for a consideration in money or money's worth3. This means the five-year test is applied for purchased land, but not for land acquired by inheritance or gift4. The deceased must have been beneficially entitled to the land immediately before his death, so he must not have contracted unconditionally to sell it. The relief is

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