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    Inheritance tax - Reliefs - Business property relief - 59055

    To be eligible for relief the property must: - be relevant business property; - have been owned for a minimum period; - not be subject to a binding contract for sale at the time of the transfer;...

    Avoiding the business property relief investment trap

    You might have heard that transferring ownership of your personal investments to your business can shelter them from inheritance tax (IHT). In theory it’s possible but you actually run the...

    Getting more out of IHT business property relief

    Business property relief can prevent your executors and beneficiaries having to pay an inheritance tax bill on the value of your business. However, it’s not well known that the tax relief is...

    Avoiding the business assets IHT trap

    Assets owned by your business can qualify for inheritance tax business property relief. However, despite views to the contrary, not all such assets qualify and those which don’t can jeopardise...

    Inheritance tax planning with holding companies

    One of your clients owns a trading company which is about to make an investment into a joint venture. They have asked for your advice as to whether this could jeopardise business property relief....

    Company trading status report

    Company trading status reportBusiness property relief is available on shares in unquoted companies if certain conditions are met. This means 100% of the market value of those shares will escape inheritance...

    2. What qualifies as a business for IHT purposes? - What does business property include?

    What does business property include?BPR can apply to a transfer where at least some of the value being transferred is attributable to relevant business property. Relevant business property is...

    Why use an existing trading company to buy property?

    One of your clients owns a successful trading company. He is looking to purchase three investment properties to let out, and wants advice on whether to use the company to do so. How could this...

    IHT and the family business

    Business property relief can make a huge difference to how much your family receives from your estate. However, if you sell your business you lose the relief. The good news is that there are...

    Self-employed to company director - watch out for the loan trap

    Transferring your sole-trader business to a company can save you income tax. However, there are other taxes to consider, e.g. inheritance tax, for which the outcome can be costly. What steps...