Business Property Relief

Learn about business property relief and how it may reduce inheritance tax on qualifying business assets. Discover eligibility requirements and planning cons...

What is business property relief for inheritance tax?

Business property relief (BPR) is a UK tax relief that can reduce inheritance tax on qualifying business assets by up to 100%. It applies to certain types of business property including shares in unlisted companies and interests in partnerships. The relief helps protect family businesses from being sold to pay inheritance tax bills.