Business Property Relief Reform 2026

From April 2026, Business Property Relief (BPR) changes affect how IHT applies to unquoted shares, AIM-listed shares and trading company interests. Understand the impact on your clients' valuations.

Key changes

BPR rate reductions, new qualifying criteria for trading companies, and changes to AIM share relief. Inheridue valuations are updated to reflect the latest HMRC guidance.

What this means for practitioners

Review existing IHT planning arrangements. Clients with AIM portfolios or mixed-activity companies may need revaluation.