Inheritance Tax - Business Property Relief (BPR)

Your shares in Lucy Group Ltd. may qualify for Inheritance Tax (BPR).

Inheritance tax

Investments in private limited companies can attract 100% relief from Inheritance Tax (BPR) provided the investment is held for at least 2 years before a chargeable transfer for Inheritance Tax purposes.

Estates and beneficiaries of UK domiciled individuals can benefit from this relief and this includes:

  • Death of a shareholder.
  • Death of a donor, if the shares were gifted within 7 years of death.
  • Chargeable lifetime transfer (e.g. into a discretionary trust).

Tax disclaimer

Whilst every effort has been made to ensure that all information contained in this website is complete, accurate and up to date, Lucy Group Ltd. cannot be held responsible for any loss incurred as a result of the use of this information. As with all financial matters, Lucy Group Ltd. recommends that proper professional advice be sought before any action is taken. This website contains links to other websites, and Lucy Group Ltd. takes no responsibility whatsoever for the content of those websites. Nor should it be assumed that Lucy Group Ltd. in any way endorses or approves of any of the services or products promoted by those websites.