I12.501 Generally

Division I12.5     Lifetime gifts of business assets

For updates affecting this Division please see Part I0 Updates

Lifetime gifts of business assets

I12.501 Generally

The generous scheme of business property relief1 has remained unchanged for a number of years. The relief is designed essentially to protect family businesses but the availability of 100% relief for all transfers of shares in unquoted trading companies is an opportunity which should be taken into account, both in the context of lifetime planning and will planning. A number of organisations now offer products which take advantage of BPR as a means of providing investments for

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