Recorded on Tuesday 12 March. Henny Dovland, Senior Business Development Manager at TIME Investments looks into how Business Relief (BR) solutions offer investors the opportunity to mitigate their IHT liabilities by investing in the shares of smaller unquoted businesses, which qualify for tax relief.
Inheritance Tax (IHT) is hefty – 40% of the total qualifying estate and the number of people liable to pay this tax has risen markedly in the last decade alongside property prices. IHT revenues totalled £5.2 billion in the last tax year – an increase of 8% on the previous year[1]. 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 their loved ones after death.
[1] Source: Moneywise
Posted: 12/03/2019 Categories: Inheritance Tax, News