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Angela Lazda, UK Head of Tax for Horwath Clark Whitehill and Deepak Malhotra, tax adviser to the firm's OMB clients, comment on how business property relief can be used to save inheritance tax

 
Angela Lazda UK Head of Tax for Horwath Clark Whitehill and Deepak Malhotra tax adviser to the firm's OMB clients comment on how business property relief can be used to save inheritance tax
 
Despite the Chancellor's recent attacks against many inheritance tax (IHT) planning strategies through the proposed pre-owned assets legislation owner-managers are at least still in a position to use business property relief (BPR) as a legitimate tool to claim IHT relief of up to 100%.
General principles
 
The rationale...

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