IHTM23180 - Special valuation matters: growing crops

When valuing agricultural land (IHTM24031) the VOA (IHTM23002) will 

  • include permanent or temporary pastures, cultivations and unexhausted manure; 

but 

  • exclude the value of crops growing on the land 

If the taxpayer has included growing crops in the value of land, and they are not covered by 100% relief or exemption, you should ask the taxpayer for details (if not already provided) of 

  • the kind of crops, and 

  • their separate value 

These details should then be forwarded to the VOA. 

When considering whether 100% business relief or agricultural relief is available, bear in mind that from 6 April 2026, there is a £2.5 million 100% relief allowance on the combined value of agricultural and business property (apportioned between all items of such property) and any value over that amount gets relief at 50% (see IHTM25500).