This week I met with a client that is selling his business. We discussed ways that he could invest the proceeds for income and growth and to maximise tax efficiency. One thing that business owners may receive while they own a business or a share in a business is Business Property relief. This allows them to pass the value of the business upon their death with 100% relief from Inheritance Tax. We can look at investments that allow them to retain this relief and also then plan for the rest of their estate to pass to their beneficiaries swiftly and tax efficiently.
If you would like to receive a complementary guide to Inheritance Tax Planning produced by St. James’s Place Wealth Management, or to arrange a meeting contact me on 01676 530606, by email Janine.email@example.com or visit www.janineedwards.co.uk.