Glastonbury owner transfers festival shares to daughter in bid to avoid £80million in inheritance tax
Sir Michael Eavis, the 89-year-old founder and owner of Glastonbury Festival, has taken significant steps to transfer control of the iconic event to his daughter and a family trust, in a move that could help his family avoid a potentially massive inheritance tax (IHT) bill.In October, Eavis handed over his entire shareholding in Glastonbury Festival Events Ltd, the company responsible for running the festival and handling ticket sales, to his […]