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Home / Simons-Taxes /IHT, trusts and estates /Part I1 Outline of and history to current IHT regime /Division I1.5 Overview of the IHT regime /Business, agricultural and woodlands reliefs and conditional exemption / I1.548 Woodlands relief
Commentary

I1.548 Woodlands relief

IHT, trusts and estates

Woodlands relief is only available on death. It is a deferral relief for the value of growing timber (but not the land on which it stands). IHT is charged on the net proceeds of sale when the timber is disposed of.

The land must be

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