Business Property Relief
What is Business Property Relief ? Business Property Relief can reduce the value of a business when calculating how much Inheritance Tax has to be paid. It was introduced to prevent the need for businesses to be sold in order to pay Inheritance Tax when an owner dies It is therefore important that business owners are aware of this valuable relief and take full advantage of it. This brief guide highlights the key principles involved with Business Property Relief, though because of its complexities it is...
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