Wednesday 7 May 2014

Taking Stock: Earl to sell plot to pay off tax mountain

Accountancy Age: Generally, we like to think we've been around the block enough to know a thing or two, but even we are not worldly enough to get our heads around, say, being in a position to sell a monolithic landmark.  And so, when news reached TS Towers that the earl of Lonsdale is to sell off a mountain in order to settle a £9m inheritance tax bill following the death of his father in 2006, we were initially nonplussed.

Full story: http://www.accountancyage.com/aa/blog-post/2343172/taking-stock-earl-to-sell-plot-to-pay-off-tax-mountain