Changes to Inheritance Tax for Farmers
Agricultural Property Relief (APR) and Business Property Relief (BPR) have long been crucial for farming families, helping to protect them from having to sell parts of their farms to pay Inheritance Tax (IHT) when the farmer passes away. These reliefs have allowed family farms to be passed down through generations without triggering a major IHT […]
Demystifying COP 8, COP 9 and ADR: What are they, when do they apply, and how do they work?
We invite you to join us and Gravita Tax Investigations Partner, Dion Laycock, at our webinar on Wednesday 4 December 2024 at 9:00am. During the webinar, Dion will be covering: Code of Practice 8 (COP 8) and Code of Practice 9 (COP 9): Tax investigation cases handled by the Fraud Investigation Service (FIS) Who are […]
2024 Autumn Budget Insights – changes to Inheritance Tax on AIM shares
Written by Tax Partner, Michaela Lamb For many years, investing in AIM shares has been a staple in the IHT planning armoury, almost a magic bullet one might say. This is because historically, AIM shares have qualified for Business Property Relief (BPR), providing 100% IHT relief and after only two years of qualifying ownership – […]