Knowledge and Insight

Business Property Relief (BPR) can play an important role in inheritance tax (IHT) planning, particularly for business owners and investors in UK growth companies. It can reduce the value of certain business assets for IHT purposes, helping more of an estate pass to the next generation.

Tax planning is becoming increasingly important for high‑net‑worth individuals in 2026. While last November’s Budget appeared relatively modest in its immediate impact, earlier reforms now coming into effect could mean even wealthy families might experience rising tax pressure over the next few years.

Tax planning matters at every career stage, but for lawyers and accountants the stakes can rise quickly as earnings grow. The right decisions could help you keep more of what you earn, ease cash‑flow pressures and build long‑term financial security.

“Better together” is a phrase often used lightly, but when it comes to couples and their finances it couldn’t be more accurate. As Ryan Jackson, Associate Financial Planning Director at Rathbones, explains, simply using the tax allowances and reliefs already available to two people can create a genuinely meaningful boost to long‑term wealth. For many couples, the difference can be life‑changing.