Business Estate Planning
Without proper planning, the value of your business can significantly erode the wealth you leave to your family through Inheritance Tax. Business Relief can provide up to 100% IHT exemption on qualifying business assets, but proactive planning is essential to ensure your business qualifies and that your estate is structured to maximise reliefs available.
What are the benefits?
Business Property Relief
Qualifying business interests, including shares in unquoted trading companies, can attract 100% Business Property Relief (BPR), meaning they are completely exempt from Inheritance Tax. We review your business to confirm qualification and advise on maintaining it.
Will and Trust Planning
Ensuring your will and any associated trusts are structured to maximise BPR and other reliefs is critical. We work with your solicitor to ensure your estate plan reflects the latest tax legislation and your business succession wishes.
Lifetime Gifting
Transferring business interests during your lifetime can begin the seven-year clock for IHT purposes, and in many cases can be done free of Capital Gains Tax using Gift Relief. We assess the optimal timing and structure for any lifetime transfers.
Protecting Liquid Assets
Cash and investments held personally or in a non-trading company do not qualify for BPR. We advise on strategies to ensure that surplus liquid assets are either reinvested in qualifying business activities or sheltered through alternative IHT reliefs.
How can Zenus Tax help?
We review your business and personal estate to identify IHT exposure and qualifying reliefs
We work with your solicitor to ensure your will and succession arrangements are tax-efficient
We advise on lifetime gifting strategies, including the use of trusts
We monitor legislative changes and alert you to any planning required in response to Budget announcements
Frequently Asked Questions
Take the First Step Towards Stress-Free Tax Planning
Our expert tax advisers tailor smart, compliant strategies that save you money and unlock growth. Ready for a tax game plan built around you?
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