TAXguide 15/17: Inheritance tax - business property relief and groups of companies
In TAXguide 15/17, the Tax Faculty has published correspondence between Emma Chamberlain and HMRC relating to the availability of business property relief (BPR) in complex group structures. It extends the guidance offered by TAXguide 05/11 on inheritance tax and BPR.
Since that publication correspondence has been exchanged between Emma Chamberlain and HMRC exploring the availability of BPR in a more complex group structure.
We are extremely grateful to Emma for allowing us to publish the correspondence. HMRC have agreed to the publication of their response.
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