Landed Estates

Francis Clark act for some of the largest (and some of the smallest) landed estates in the South West.

We have considerable experience of the issues – both tax and commercial – involved in the management of residential and commercial property portfolios, agricultural businesses, woodlands and even specialist enterprises like alpacas. We are familiar with the particular difficulties posed by high value historic family dwellings and also by the heritage property regime, which has sometimes been used to shelter such properties from inheritance tax.

At Francis Clark, we recognise the need for balance between the traditional values of a landed estate and the requirement to keep the estate on a commercial footing in a constantly changing economic climate. We offer proactive advice aimed at minimising tax liabilities and protecting family wealth for generations to come.

Landed estates frequently have different accounting requirements from other businesses, often because of involvement by trusts and because various different business activities are carried on a single entity. Francis Clark is accustomed to meeting those special requirements within our accounts and tax compliance service.

It is in our experience that landed estates have a greater requirement for advice on capital taxation than many other clients. Within our team of tax consultants, Francis Clark have specialists who are able to help with succession and inheritance tax planning, trusts, capital gains tax and VAT.

For more information, please contact our Landed Estates Team