Share in non qual trading companies

Herbs16 · Postby **Herbs16** » Tue Jul 03, 2007 5:28 am

Are these treated as normal shares in IHT calculations?

Herbs16 · Postby **Herbs16** » Tue Jul 03, 2007 5:30 am

Also if an individual owns a commercial property is this treated any differently for IHT?

maths · Postby **maths** » Tue Jul 03, 2007 8:57 am

If by non-qualifying you mean that the company's trade is, for example, one of making investments then no business property relief (BPR)would apply and IHT would be levied as normal.

Commercial property may qualify for BPR (50%)if the various conditions are satisfied; other wise subject to IHT as normal.