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  • Tax

    IHT & LTD Companies

    Does anyone know if there any IHT benefit of gifting children over 18 shares in a btl limited company?

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    Yes there are benefits, but depending on your situation there may be other taxes to pay, seek advice from a tax advisor.

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    A hugely complex area, and the devil will be in the detail.  The biggest potential problems are CGT and IHT on the way, surviving seven years, and giving control to the kids or their partners.  Not a good idea.

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    Tony Gimple

    Founding Director

    Less Tax For Landlords