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Search results: 33 article(s) found in topic: Inheritance tax - keyword: Business property relief

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INHERITANCE TAX - BUSINESS PROPERTY RELIEF

Is there inheritance tax relief for rental businesses?

A taxpayer has defied the odds and successfully argued at the tax tribunal that a furnished holiday letting business qualifies for inheritance tax relief. Does the decision mean your own letting business is more likely to qualify? More...

IHT

Immediate IHT relief for company owner managers

You started your company with share capital plus a loan. There’s no prospect of the loan being repaid soon and so your accountant has suggested it’s converted to share capital for tax efficiency reasons. What are the tax advantages? More...

INHERITANCE TAX

Is your business loan an IHT time-bomb?

Several years ago you borrowed money which you then lent to your company. Your accountant has told you that it should repay you to avoid an IHT trap. What’s the problem? More...

INHERITANCE TAX

Boost your BPR

Passing your business on to your beneficiaries when you die will usually escape inheritance tax (IHT). But unless it’s done the right way they could be missing out on an extra tax saving. How can you make sure they don’t lose out? More...

INHERITANCE TAX

Business property relief for cars and more

If you have the unenviable job of putting together a list of assets for someone who’s died, it’s important to identify those to which business property relief might apply. What sort of things should you be looking for? More...

INHERITANCE TAX

Can investments held in your business qualify for BPR?

A colleague tells you that he’s moved his personal investments into his company because it will mean if the worst happens to him they’ll escape inheritance tax. It sounds too good to be true, but is he right? More...

INHERITANCE TAX

Transferring your company - when is BPR lost?

You’ve built up a business from scratch and now it’s time for the family to take over the reins. Business property relief (BPR) usually prevents IHT from being payable on the transfer, but it’s easily lost. How can you avoid this trap? More...

IHT

How not to lose business property relief

The value of your business assets is protected from inheritance tax (IHT) by business property relief (BPR). But as soon as you contract to sell the business, BPR is lost. What steps can you take to preserve it? More...

INHERITANCE TAX

Who should you leave the family business to?

Naturally, when you draw up your will you’ll want to do it in the most inheritance tax-efficient way, and allocating your assets to the right person is vital. With this in mind what’s the best strategy for passing on the family business? More...

INHERITANCE TAX

Avoiding the IHT directors’ loan trap

On advice from your accountant you converted your self-employed business to run through a company. This produced an income-tax-free windfall, but an unexpected inheritance tax nightmare. What’s the problem and how can you solve it? More...
Last updated: 16.10.2018

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