The ultimate inheritance tax related investment is farmland.

1.IHT Tax free as long as the land is farmed.

2.Subsidy payable on the acreage, as long as some very basic maintenance is carried out.

3.No business rates – unlike commercial property.

4.Vat is zero  rated, as opposed to exempt.  It is a little known fact that almost all farmers are registered for VAT, and therefore don’t need to levy it on their supply of goods (ie food related) and thus reclaim the tax expenditure every quarter receiving a cheque from the HMRC.

5.Much of the accompanying lifestyle (buildings, the family land rover, hedge pruning instruments and other small machinery) can be run through the books as a tax deductible expense.