I1.545 Overview
There are reliefs available from IHT for several types of favoured property. The main two reliefs are business relief (more commonly known as business property relief or BPR) and agricultural relief (more commonly known as agricultural property relief or APR). These reliefs are similar but with key differences. Both are generous at 100% or 50% relief depending on the conditions fulfilled and both have conditions as to ownership and use. BPR and APR are both available in lifetime, on death and are available for trustees. Both have clawback
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Web page updated on 17 Mar 2025 13:39