Course description
Your client will want to ensure that upon retirement or death their family business will continue and, usually, remain within the family. IHT is a particular threat to any business owner insofar as their own tax liability is concerned.
Agricultural and Business Property Reliefs (APR/BPR) are also key considerations as far as tax is concerned, but preservation and longevity of the business will be a further concern.
Presented by Chris Thorpe, this webinar will look at the proposed changes to IHT and non-domicile rules from 2025, APR and BPR, the advantages and disadvantages of trusts and how they can be used to run and preserve the business, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This webinar will include the proposed changes to IHT and non-domicile rules from 2025.
Your client will want to ensure that upon retirement or death their family business will continue and, usually, remain within the family. IHT is a particular threat to any business owner insofar as their own tax liability is concerned.
Agricultural and Business Property Reliefs (APR/BPR) are also key considerations as far as tax is concerned, but preservation and longevity of the business will be a further concern, as no one can go on forever.
BPR has been the subject of several cases with respect to diversified businesses (Balfour) but farmers in particular seem to face this difficulty, questions of occupation, as well as potentially being able to benefit from both APR and BPR (Charnley) will be looked at as well as how these valuable assets can be passed down the generations.
What You Will Learn
This webinar will cover the following:
- Proposed changes to IHT and non-domicile rules from 2025
- Latest IHT issues with lifetime gifting, bequests on death
- PETs and CLTs
- Advantages/disadvantages of trusts and how they can be used to run and preserve the business
- APR, BPR, diversification (particularly within farming) and the potential issues involved
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...