Business Relief has changed: what advisers need to know

6 April 2026 marked a significant milestone for Inheritance Tax (IHT) planning, with the most extensive reforms to Business Relief (BR) in more than a decade coming into force. These changes reshape how BR can be used as a planning tool, creating both new opportunities and areas that require renewed scrutiny from financial advisers. In a landscape where frozen thresholds, rising estate values and shifting regulation continue to drive more families into the IHT net, BR remains a vital part of effective estate planning. In this article, Downing explores how advisers can help their clients...