Ways to mitigate inheritance tax

The following passage is taken from FT Adviser where Intelligent Partnership’s research is highlighted, click here to read the full article. Business property relief By contrast, investing in companies that qualify for business property relief (BPR) can be an efficient way to mitigate IHT. BPR works by providing shareholders in qualifying companies with 100 per cent IHT relief upon death. It takes just two years for BPR-qualifying shares to become exempt from IHT instead of seven, as is the case under gifting and trusts, and the control over assets stays firmly with the investor during their lifetime. Research also shows… continue reading

August 2, 2016