Can you recycle Business Relief?

Business Relief (BR) is a very valuable relief which can reduce inheritance tax (IHT) on death. Perhaps the most common asset…

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Failed PET revival for IHT

Gifts are generally outside of a person’s estate for inheritance tax (IHT) purposes if that person survives seven years from the…

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IHT cuts and can they be relied on?

Rumours are flying about in the media around inheritance tax (IHT) cuts which are set to be announced by Jeremy Hunt…

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Should I gift my property to my company?

We were having a debate in the office this week about what is the costliest mistake that anyone had come across…

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How easy is it to get the IHT exemption for heritage assets?

Most of you will be familiar with the most common inheritance tax (IHT) relief known as Business Property Relief (BPR). Broadly…

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Inheritance tax – Post-mortem relief for quoted shares

The issue With the cost-of-living crisis, the war in Ukraine and the prospect of a global recession, the UK stock markets…

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Can excess cash in a company reduce inheritance tax (IHT)?

The issue Business Property Relief (BPR) is a valuable relief which can provide full relief from IHT in respect of trading…

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Business property relief (BPR) and the ‘binding contract trap’

The issue BPR is an important inheritance tax (‘IHT’) relief which many business owners will rely on as part of their…

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Pre-sale Inheritance Tax planning

The issue Despite previous consultations on the possible changes or ‘simplification’ of Inheritance Tax (‘IHT’), no changes were made during this…

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Use loans for an inheritance tax (IHT) ‘halfway house’

The issue From a purely tax perspective, IHT exposure can be limited by reducing the assets held at death. As such,…

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