Quickfire Questions Flashcards

(63 cards)

1
Q

What is the rate of tax payable under Business Asset Disposal Relief?

A

10%

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2
Q

What are Kingsbarn, Cassia, Tardis and Orwell?

A

Varieties Winter Barley

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3
Q

What is the current Bank of England Base Rate?

A

4%

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4
Q

What do the letters NSA stand for when referring to landscapes?

A

National Scenic Area

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5
Q

What are Charollais and Beltex breeds of?

A

Sheep

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6
Q

What is the average price of feed wheat?

A

£165/t

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7
Q

What is the average price of feed barley?

A

£145/t

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8
Q

What is the average price of OSR?

A

£466/t

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9
Q

What would you expect the passing rent to be on a large scale solar farm?

A

£850-£1000/acre

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10
Q

Under which section of the Ag Holdings Act 1991 can a Tenant serve notice to request to enter into a written lease agreement?

A

Section 4

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11
Q

What is the LBTT threshold for a non-residential and mixed used asset

A

£150,000

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12
Q

What do the letters QMS stand for?

A

Quality Meat Scotland

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13
Q

What is CAAD?

A

Certificate of Appropriate Alternative Development

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14
Q

What are MEES?

A

Minimum Energy Efficiency Standards

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15
Q

What is the Highest Council Tax band in Schotland?

A

H

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16
Q

When can there be a break clause in an MLDT to a new Entrant?

A

5-years in

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17
Q

What do you understand by the figures 16.16.16 on a Fert bag?

A

16% nitrogen

16% Phosphate

16% potash

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18
Q

What do the letters APHA stand for?

A

Animal Plant and Health Agency

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19
Q

What is the current CGT personal allowance?

A

£3k for basic rate taxpayers

£1.5k for high rate tax payers and trusts

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20
Q

What are Skyfall, Curuso & Siskin?

A

Varieties of WW

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21
Q

What is the current price of red diesel?

A

66p

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22
Q

What rate of LBTT would be payable on an arable land purchase of £250,000?

A

1% - anything higher would fall @ 5%

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23
Q

Under what section of the AHA 1991 is a rent review served?

A

Section 13

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24
Q

Under what section of the AHA 2003 is a rent review notice served?

A

Section 9

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25
What is a Part 1 tenant improvement?
An improvement requiring landlords consent
26
What is a Part II improvement?
Improvement requiring notification
27
What is a Part III improvement?
Improvement requiring no consent from the landlord
28
Under what statute are tenants improvements recorded?
Part 1 of Schedule 5 of the Agricultural Holdings (Scotland) Act 1991
29
Who is the current Cabinet Secretary for Rural Affairs and Islands?
Mairi Gougeon
30
Who is the current Minister of Agriculture?
Jim Fairlie
31
What is the maximum size of a dwelling that can be created by conversion from ag to residential under Permitted Use Class 18B?
150m2
32
When could a landlord serve the first notice to terminate a LDT
Between 2 & 3 years from the contractual expiry.
33
What is the timescale for establishing an easement by prescription?
20-years.
34
What crop does the cabbage stem beetle eat/destroy?
OSR
35
Where should you record cattle deaths, movements and birthS
Scot Moves+
36
When does the next valuation roll for non domestic rates take place?
April 2026 Every 3 years
37
What is the minimum claim area under the Basic Payment Scheme?
3ha in Scotland
38
Which tribunal deals with land based disputes?
The Lands Tribunal
39
What is Entrepreneurs relief known as?
Business Asset Disposal Relief
40
What are Laurete, Diablo and Propino?
Varieties of Spring Barley
41
Name three claim options under Agri-Environment & Climate Scheme.
Wader grazed Grassland Wild Bird Seed for Farm Land Birdz
42
Name the body established to support implementation of ag policy reform?
Agricultural Reform Implementation Oversight Board
43
What is Take All?
A fungal disease effecting roots of cereal and grass crops.
44
Under which act can water and sewage pipes be laid by statute?
Water (Scotland) Act 1980
45
What does NSIP stand for?
Nationally Significant Infrastructure Project
46
What does NPF stand for?
National Planning Framework
47
What is the time limit for a landlord to withhold consent of a tenants intent to assign a MLDT?
Landlord must give notice within 30-days
48
What is the maximum PDR ground area for an agricultural building?
1000m2 (465m2 in designated areas)
49
What case law relates to developments and "ransom strips"?
Stokes vs Cambridge
50
What are Blonde d'Aquitand & Simmental?
Breeds of cattle
51
What is the average sewing rate for winter barley?
160kg-200kg per ha.
52
What is the average sewing rate for OSR?
6-8KG/HA
53
What are the available percentages For APR?
100% & 50%
54
What section of the AHA 1991 governs tenants fixtures?
Section 18
55
Current payment rate for WBS under AECS?
£322/ha
56
Planning terms : what is SPP?
Scottish Planning Policy
57
How many grades of land are there according to the Macauley classification?
7 main classes 4 are subdivided giving a total of 13
58
What is a deciduous tree?
A tree that sheds its leaves in Autumn
59
When does the basic payment scheme claim window open and close?
15th March - 15th May annually
60
How long is an EPC valid for?
10-years
61
Council tax bands are based on the value of dwellings at what date?
1st April 1991
62
What are Skyfall, Graham and Revelation?
Winter Wheat varieties
63