Jack Rose: Considering business relief for IHT

Effective estate planning

clock • 4 min read

As the values of people's estates continue to rise, a growing number of families will develop potential IHT bills, making effective estate planning - including business relief - an increasing priority, says Jack Rose

  This tax year more than any previously it feels as if tax-advantaged investments have stepped out of the shadow and into the mainstream for many advisers. As the frenzy of VCT and EIS investment for the 2016/17 tax year subsides, advisers' attention can return to long-term inheritance tax (IHT) planning making use of business relief. In the last tax year alone, an estimated £1.1bn was raised into IHT strategies that used business relief - a 22% increase on the previous year. So what are the benefits and why are more people starting to consider these type of solutions alongside some ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax Planning

Probate cases taking nearly two years rise by 131%

Probate cases taking nearly two years rise by 131%

Increased risk of interest accruing on IHT

Jaskeet Briah
clock 07 April 2026 • 2 min read
Government confirms standalone death-in-service benefits exempt from IHT changes

Government confirms standalone death-in-service benefits exempt from IHT changes

'The draft clause was nonsensical'

Jaskeet Briah
clock 17 March 2026 • 3 min read
Tax changes cause increase in client worry

Tax changes cause increase in client worry

More than half now more worried about tax now than a year ago

Isabel Baxter
clock 10 March 2026 • 2 min read