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Inheritance Tax Relief for Agriculture and Business Assets
Agricultural Property Relief (APR) and Business Property Relief (BPR) reduce the value of an asset by either 50% or 100% for Inheritance Tax purposes. Therefore if an asset qualifies for 100% relief it could be tax free.
Hewitsons LLP is a limited liability partnership. Hewitsons LLP Reg Office: Shakespeare House, 42 Newmarket Rd, Cambridge, CB5 8EP. Reg No: OC334689
Hewitsons LLP is authorised and regulated by the Solicitors Regulation Authority.
Hewitsons LLP is authorised and regulated by the Solicitors Regulation Authority.