The UK Lands Tribunal (England & Wales) agreed with the taxpayers that a greater proportion of the sale value should be allocated to the farmhouse rather than the adjoining land.  This was important to determine the amount on which main residence CGT relief was available.   

Interestingly the Tribunal criticised the guidance in the VOA (Valuation Office Agency) manual.

The full case report can be found here.

The First-tier Tribunal has held that the executors of a deceased individual who had incurred capital losses during his lifetime were able to claim relief for those losses against income and capital gains that had arisen before his death.

The full case report can be found here. 

Estate of A R Ellis deceased v HMRC, [2013] UKFTT 775 TC02426

The First-tier tax tribunal has confirmed that a taxpayer’s election as to his main residence is conclusive as long that the property in question was in fact one of his residence.

The Tribunal decision can be found here.