Natalie Iceton and Dan Hartland consider approaches for companies with trading and investment activities wishing to access BPR
Practical approach to a Business Property Relief problem
Let us consider a scenario. Mr E is a successful entrepreneur who has built up a business manufacturing widgets. He owns 100% of the shares in HoldCo, an unlisted holding company, which owns shares in various trading subsidiary companies. Over the years the group has been successful with surplus profits being invested via Holdco in investment portfolios managed by external fund managers and investment properties. The investment business has expanded to such an extent that it is now actively managed as part of the overall business.