,

Beresford (Dec’d) v. HMRC [2024] UKFTT 952 (TC)

The frequency of transactions for serviced office lets were ‘clearly not analogous to a hotel business’ and the business amounted to ‘wholly or mainly making or holding of investments’ for Inheritance Tax Business Property Relief: https://caselaw.nationalarchives.gov.uk/ukftt/tc/2024/952