The role of business relief (BR) as an inheritance tax (IHT) planning tool will become even more important over the next two years, according to research by Time Investments.
The research showed that the majority (79%) of advisers expect to see an increase in the use of unquoted BR in IHT planning over the next two years. Additionally, 85% expect to see the use of alternative investment management listed companies that qualify for BR increase over the same period. It also found that 60% of advisers said that over half of their clients over 50 would benefit from BR solutions. The growing challenge of managing IHT liabilities is highlighted by the growing increase in IHT receipts, TIME Investments noted. The most recent data showed that IHT receipts hi...
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