When reviewing the definition of agriculture it is essential to look at the vineyard as this does qualify as agriculture for Agricultural Property Relief (APR) for Inheritance Tax (IHT), along with cider making.
The rapid successful growth of the English sparkling wine industry has presented tantalising opportunities for farmers in the possibly lucrative world of vineyards. But with this investment comes a large number of tax, cashflow and legal alternatives that must all be considered. English wine has enjoyed a renaissance, with numerous vineyards being planted in recent years. Sparkling wine (English champagne) has proved very fashionable, especially along the south coast. This is due to its favourable
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