17 January 25

The relationship between Business Relief and inheritance tax

For almost 50 years, Business Relief has been a valuable relief from inheritance tax (IHT) for business owners. But you don’t need to be a business owner to benefit from Business Relief.   What is Business Relief?  Business Relief is a tax relief with quite a long history. It was introduced by the UK government in 1976 to make it easier for family-owned businesses to be...