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DTSTART;TZID=Europe/London:20250617T140000
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SUMMARY:Understanding the impact on Family Businesses from UK Government Budget changes to Business Property Relief
DESCRIPTION:RSM UK Tax and Accounting, in partnership with Scottish Engineering\nJoin us for a roundtable session  – in person or online – to hear an overview of impact and options from Member company RSM UK Tax and Accounting, followed by an open discussion conducted under Chatham House rules.\nAmongst the many changes made to the UK tax environment from the October 2024 budget was a fundamental change to Business Property Relief (“BPR”).  BPR has been an integral part of succession planning for family businesses across the UK and the proposals fundamentally change plans that may be in place or potential future plans that now need to be urgently reviewed in detail.  The premise of BPR was that shares “passed” to family members on death did not attract an Inheritance Tax (“IHT”) type charge.  This enabled family businesses to continue through generations and adopt a long term strategic planning mindset.  The budget change materially restricts this relief and it is possible that significant “value” passed may now attract an IHT charge.\nThe session will outline the key changes and explore potential planning options to be considered – there will also be time for debate, discussion and Q&A on what is a vitally important topic for Scottish Engineering to consider further and for Scottish Engineering to take the views of members back to government.”\n \nRegister your interest for attending in person ( https://app.emarketeer.com/ext/form/entry.php?m=396592ad5312f34bce5978be03c79eb60deb78c&Origin=Direct )\nRegister your interest for attending online ( https://app.emarketeer.com/ext/form/entry.php?m=396593a1aef309ae27bb899a3d79935b7912d72&Origin=Direct )\n
URL:https://scottishengineering.org.uk/events/understanding-the-impact-on-family-businesses-from-uk-government-budget-changes-to-business-property-relief/
LOCATION:105 West George Street
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