TAKING STOCK - WILY OLD BIRD MAKES PROFIT FROM A FARM.
Common pursuits have been embraced with gusto by venerable and seatless aristos Andrew Robert Buxton Cavendish, the eleventh Duke of Devonshire, and his Mitford sister wife, Debo. The Duke and Duchess have gone down the path of diversification and the taxman is at the top of their mind as they make a legitimate tweak or two with tax claims to help keep the 500-year-old Chatsworth House ticking. Debo has opened a second farm shop in London’s Belgravia to sell the Duchess’s Marmalade and Duke’s Favourite Sausages. Wily old bird she is, tax experts say Debo can claim agricultural buildings allowance for the London shop although 200 miles from the ‘farm’. ‘Produce sold at the shop in Belgravia is produced on the estate’, explains Jon Golding, senior tax writer with Butterworths Tolley. ‘The shop will qualify for ABAs and that it is situated in Belgravia and not Derbyshire makes no difference to the legitimacy of the claim.’