Ask an UK Tax Question, Get an Answer ASAP!
Many thanks for a very helpful reply although don't think we'll be very happy ("gutted" seems an appropriate word!) to have to possibly pay Inland Revenue several hundred thousand pounds CGT !
Many thanks-you've answered my question very well. Now know the situation regarding rented grazing land and Entrepreneurs Allowance if paying capital gains tax . No further questions so please claim your charge.Kind Regards,Maureen