Inheritance Tax (IHT) revenues have increased substantially over the last decade and hit £5.2 billion for the last tax year (2019/20)*. Unsurprisingly, the number of investors seeking tax-efficient investment solutions has increased in response, as more people struggle to find effective ways to pass on their assets to loved ones after death.
There is a solution to this problem. A growing number of IHT planning services offer investors the opportunity to mitigate their IHT liabilities in just two years through investment in Business Relief (BR) qualifying assets. These services have proved popular over the last decade and there are now over 60 BR propositions available in the market.**
Whilst the growth of this market is a positive development, this increased choice can make it difficult for advisers to effectively decide which BR service will be the best fit for their clients.
We have created a structured CPD-accredited webinar series to help enhance your own due diligence process and highlight some of the key questions to ask providers when reviewing BR services and their propositions.
|Webinar one – investment analysis
How to assess the BR portfolio and underlying investments
Webinar two – service analysis
Webinar three – provider analysis
Please note, this series is for Financial Advisers and paraplanners only.
*Source: ‘Table 12.1 Inheritance tax: analysis of receipts’, HMRC, July 2020
**Source: MICAP, 31 March 2021