Inheritance Tax Planning Business Assets
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What is Inheritance Tax Planning Business Assets?
Inheritance Tax Planning Business Assets is a crucial aspect of taxation law designed to minimise the tax liabilities associated with the transfer of assets of your business assets from one generation to the next. This may well be any shares you hold in any companies where you are a shareholder, and the shares have a capital value.
Inheritance tax is levied on the estate of an individual upon their death, and effective planning involves implementing strategies to reduce the taxable value of your estate which can include business assets.
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