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The Kings Court Trust Blog

Keeping you up-to-date with Wills, probate and estate administration industry news

Business and Agricultural Relief: What you need to know

Due to the rise in estates that include a business or land/pasture used to rear animals, it is more important than ever to understand the reliefs available that may help reduce an Inheritance Tax (IHT) bill. In this blog, we explain the basics of Business Relief and Agricultural Relief, by explaining what they are, what can be claimed upon death, the process of claiming, and how you can best advise your clients.
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