Avery Associates

House Clearance & Probate Valuation Services


  • HOME
  • HOUSE CLEARANCE
    • Probate House Clearance
    • House Clearance
    • FAQ
    • Hoarder House Clearance
    • Garden Clearance
    • Charity Donations
    • Recycling
    • House Clearance Gallery
    • Our Locations
  • PROBATE VALUATIONS
    • PROBATE HELP
      • Probate Valuation Guide Fees & Advice
      • Probate House Clearance
      • Executor Assistance
      • Solicitor Assistance
      • Our Locations
    • Probate Valuation Explained
    • RICS Property Valuation
    • Classic Cars
    • Jewellery
    • Coins
    • Books
    • Stamps
    • Vintage Toys
    • Records
  • REVIEWS
  • NEWS
  • ABOUT
  • CONTACT

Inheritance Tax Relief for Family Businesses To Stay

February 25, 2012 By Avery Associates

Avery Associates specialists in all matters concerning valuations for probate bring you the latest IHT news……….

It has been revealed that the government is not planning to get rid of inheritance tax relief for family firms, as reported by Campden FB.

The Institute for Family Business, which is a lobby group, recently held a meeting with exchequer secretary David Gauke, and Gauke said that during a recent review of the UK’s tax reliefs, the Office of Tax Simplification confirmed that it did not recommend getting rid of business property relief for inheritance tax.

This comes despite the fact that one of the top universities in the country recently released a report recommending that BPR was removed.

The current regulations under BPR are that when someone inherits a stake in a family business, they are not required to pay succession tax. This is seen as many as essential for growth, and if it were removed it is claimed that it would lead to an increase of liquidations of family businesses.

The director of IFB, Grant Gordon, said that the group is encouraged that BPR is not going anywhere, and that if it were removed it would impact negatively on family business growth.

This comes despite the fact that the London School of Economics recently released a report arguing that the relief should be removed. The argument was that it would lead to increased revenues for the government, as well as encouraging business owners to look again at their business structure.

But the IFB claims that BPR creates a long-term approach focusing on stability. It argued that if a major shareholder were to die, this could cause the end of a profitable business

For information and advice concerning all matters relating to valuations for probate call Jeffrey Avery on 0800 567 7769

Related

Filed Under: FAQS Tagged With: inhertance tax, tax relief

Our House Clearance Services

We provide a full house clearance and property management solution:

  • We clear hoarded houses, regardless how big or how cluttered
  • We clear all types and sizes of property, irrespective of location, or access is restricted or where parking is difficult or not available.
  • We can help avoid water damage by draining the central heating system.
  • We can secure the property and change the locks.
  • We can reinstate the gardens and maintain them whilst the property is empty.
  • We can provide 24 hour security to eliminate the risk of squatting or unlawful occupation.

As well normal house clearances we specialise in clutter clearance and we can clear a hoarded house which may contain years of accumulated possessions, or which have abnormal amounts of general household items, sometimes as a result of compulsive hoarding syndrome.

Equally we can help to clear a property where the occupants were previously unwell and unable to care for themselves or their property which sometimes results in insanitary, dangerous or just plain unpleasant conditions.

More info

What We Do

Get A Quick Quote

Client Reviews

Jenny Schon
Dec 3, 2021
 by Jenny Schon on Avery Associates
Well done

This truly is a 'one stop shop' for all things relating to Probate valuations and clearance. Jeffrey is a 'facilitator' and full marks to him for finding... Read More

Kevin Anderson
Oct 26, 2021
 by Kevin Anderson on Avery Associates
Fantastic and Reliable

Our aunt was a recluse and hoarder. She died leaving two properties in London that were dilapidated and completely hoarded. Unfortunately, because everything... Read More

It was a pleasure to assist Kevin

T. Hackett
Aug 26, 2021
 by T. Hackett on Avery Associates
1st Class Service

Avery Associates Appraisal I have just moved house after almost 30 years of occupation. My initial choice of movers, Pickfords, decided at the last... Read More

Page 1 of 44:
«
 
‹
 
1
2
3
›
 
»
 

Share, Email or Print

Looking For Something?

Our Latest News & Advice

  • Thought I Had Seen Everything Until I Visited Walsall
  • How to Apply for Probate in England and Wales
  • England’s Ambitious Waste Plan by Jeffrey Avery


Avery Associates
291 Mitcham Rd
Tooting SW179JQ

Tel: 0800 567 7769 or 0208 640 0044

Services provided throughout London and the Home Counties. View our clearance case studies.


Website Terms | Privacy Policy | Sitemap | Copyright © 2005-2018 Avery Associates
Website Development by Avara Web Media