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Main entry

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Trusts, settlements and estates - Inheritance tax and trusts - Chargeable trusts - Reliefs - Business and agricultural property - 69340

Business property relief (BPR) (¶59050+) and agricultural property relief (APR) (¶59295+) reduce the value transferred. For chargeable trusts, there are two ways in which the amount of tax...

Commentaries / Tax Memo • 06.07.2020

Trusts, settlements and estates - Inheritance tax and trusts - Exempt (interest in possession) trusts - Reliefs and exemptions - On death - 69905

The usual IHT reliefs are available, including business property relief (¶59050+) and agricultural property relief (¶59295+), where the life tenant fulfilled the relevant conditions.

Commentaries / Tax Memo • 06.07.2020

Passing on the family company tax efficiently

Inheritance tax (IHT) business property relief (BPR) can prevent unwelcome consequences of passing your business on to the next generation. It can also be used to improve the overall IHT position...

News & Advice / Tips & Advice Tax • 19.02.2019