Business Relief And IHT: Strategies For Business Owners

Inheritance Tax (IHT) can significantly impact the wealth tied up in a business, and without proper planning, business owners may find that a large portion of their estate is exposed. However, with the right approach, Business Relief offers a powerful way to reduce that liability and safeguard both your business and personal wealth for future generations. In this episode, hosts James Corcoran and Israel Babatunde explore the role of Business Relief and how it compares to gifting as a strategy for reducing the value of your estate for Inheritance Tax purposes. Please note that the content of this podcast is for informational purposes only and should not be considered financial advice. As always, your capital is at risk when investing. Lumin is authorised and regulated by the Financial Conduct Authority.