Business Property Relief - The Essentials for Private Client Professionals

Introduction

Business property relief (‘BPR’) can provide valuable inheritance tax relief but understanding when it applies and where the potential pitfalls lie is essential for anyone advising on estates and business assets.

This webinar provides a practical introduction to the fundamentals of BPR, helping you understand the key rules, requirements and considerations you need to be aware of when dealing with business assets and estate planning.

The webinar is ideal for private client solicitors, accountants and tax advisers who are new to BPR or want to strengthen their understanding of this increasingly important area.

What You Will Learn

The webinar will cover the following:

• How business property relief (‘BPR’) works, when it may apply and why it matters for inheritance tax planning
• The types of business property that may qualify for BPR and the key conditions that must be met
• How to distinguish between investment and trading businesses and why this distinction matters for BPR eligibility
• The different BPR rules that apply during lifetime and on death, including key practical considerations
• The April 2026 changes to BPR and their impact on clients and estate planning
• Common challenges and pitfalls that can prevent business assets from qualifying for BPR