This question was deleted by the original poster, but due to the quality of some of the answers AccountingWEB has re-instated the thread for members to read.
Owners of stately homes are a fairly rare breed but those that open their doors to the public will be considering whether they can benefit from a recent Court of Appeal Case.
Loring v Woodland Trust  EWHC 4400 Ch highlights the care that must be taken when interpreting (and drafting) nil rate band legacies in wills and undertaking inheritance tax planning.
The current government are encouraging towards direct ownership by employees of shares in their employing company:-
The Introduction of Employee Shareholder Shares
Business Property Relief (BPR) is a valuable inheritance tax relief, offering up to 100% relief against inheritance tax on qualifying business assets.
The inheritance tax case of Buzzoni and Others v HMRC concerning gifts with reservation of benefit was recently heard in the Court of Appeal.
When a nursing home is acquired as a going concern by a limited company it is important for accounting and tax purposes that the consideration is allocated appropriately between i) the property, ii
The recent tribunal case of Mr Vaines v HMRC (TC02965) dealt with whether a deduction from trading profits was allowed under the ‘wholly and exclusively’ principles, for an out of court settlement