How business assets can reduce inheritance tax on a company
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When you pass on a company, business assets like shares or equipment can qualify for Business Relief, which may cut inheritance tax by up to 100% if held for two years. This means the value of the business is largely or entirely exempt, though personal assets like cash or investments won't qualify. It's a practical way to keep the company running for heirs without a huge tax bill—just ensure the business is mainly trading, not just holding investments.