The LB Business Broadcast

LB Talking Points - Business Property Relief with Melanie Welsh & Lewis Pridgeon

Lewis Brownlee Season 4 Episode 16

In this episode, Lewis Brownlee's Associate Director Melanie Welsh (née Phillips) and Tax Compliance Manager Lewis Pridgeon explore the complexities of Business Property Relief (BPR), a vital tax relief for the farming and agricultural sectors.

With recent changes in subsidies, tenancies, and upcoming consultations in 2024 around Inheritance Tax (IHT) and Capital Gains Tax (CGT), it's more important than ever to ensure your tax planning is up to date. Our experts dive into how BPR can reduce the value of business assets, such as property, machinery, and unlisted shares, when calculating IHT, and the key qualifications needed to claim this relief.

If you're a farmer, grower, or business owner in the agricultural sector, this episode will help you understand how to protect your assets and potentially reduce your tax liabilities.

Tune in now to learn how Lewis Brownlee can help you navigate these tax reliefs and ensure your business is on the right track.

#BusinessPropertyRelief #FarmingTax #AgricultureTax #InheritanceTax #CGT #LewisBrownlee #TaxPlanning #AgriculturalBusiness

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Disclaimer: The content of this podcast is for informational purposes only and should not be considered financial advice. Please consult with a professional advisor for tailored guidance.