Agricultural Property Relief (APR), if obtained, allows an individual to pass on agricultural property, either in their Will or during their lifetime, free of Inheritance Tax (IHT). Business Property Relief (BPR) reduces the IHT payable on a wider class of qualifying business assets when they are left in a Will or passed on during lifetime. … Continue reading Your Redundant Farm Building could be Restricting your Inheritance Tax Relief
As a nation we are constantly presented with opportunities to donate to the millions of charities which exist in the UK, whether it be taking part in or sponsoring fund-raising events, dropping our small change in collection boxes or paying a regular monthly amount from our bank accounts. It’s a fact, however, that around 15% … Continue reading Leaving A Charitable Legacy In Your Will?