SVM111290 - IHT Business Property Relief: Appendix 1 - Business Relief rates

 

	BUSINESS RELIEF RATES
	No relief was available before 7 April 1976

 

 

	Effective dates	Rate of relief
Control Holdings	07/04/76 - 26/10/77	30%	s.73 & Sch 10 FA 78
	27/10/77 - 09/03/92	50%	s.64 FA 1978
	10/03/92 onwards	100%	s.73 & Sch 14 FA (No 2) 1992
Minority Holdings	27/10/77 - 14/03/83	20%
in excess of 25% of	15/03/83 - 16/03/87	30%
company's voting	17/03/87 - 09/03/92	50%	ss.104 & 105 IHTA 1984
share capital	10/03/92 onwards	100%	amended by s.58 & paras 4 & 5 of Sch 8 FA 1987
Minority Holdings	27/10/77 - 14/03/83	20%	s.64 FA 1978
carrying	15/03/83 - 09/03/92	30%	s.10 FA (No. 2) 1983
less than 25% of company's	10/03/92 - 05/04/96	50%	s.73 & Sch 14 FA (No 2) 1992
voting share capital	06/04/96 onwards	100%	s.184(2) FA 1996
U.S.M. Companies	Relief withdrawn as from 17/03/87	0%	ss.104 & 105 IHTA 1984 / amended by s.58 & paras 4 & 5 of Sch 8 FA 1987
U.S.M. / A.I.M. / OFEX & Rule 4(2) Companies	10/03/92 onwards		as for minority holdings of less than 25% of voting ISC