Warning to Family Business Owners as Inheritance Tax Changes Come Into Effect

Warning to family business owners as inheritance tax changes come into effect

The threshold for 100 per cent relief was originally set to be £1m per person, but this was increased to £2.5m following recent government changes.

Inheritance Tax Changes To Company Shares And Trusts

For many family businesses, shares in a trading company form a core part of long-term family wealth. Importantly, they’ve historically provided a tax-efficient way to pass on wealth via inheritance.