Sleep Soundly Before April 2026 – Secure your business legacy – and save up to £1.36 million in future Inheritance Tax

Business Newsletter 02 May 2025

⚠️ Big changes are coming for business owners

From 6 April 2026, the UK’s Inheritance Tax (IHT) system is being rewritten.

The long-standing 100 % Business Relief that has protected trading companies for decades is being capped:

  • ✅ First £1 million of business value → 100 % relief

  • ⚠️ Anything above → only 50 % relief

That means for many successful entrepreneurs, an extra £1 million – £1.5 million in tax due on death.

If you’ve spent years building your business, this change could be the single most expensive piece of legislation you’ll ever face.

The good news – you still have time to act

Between now and 5 April 2026, you can still use the current rules to “bank” the full 100 % relief.

By transferring some or all of your trading company into a properly structured discretionary trust or family succession plan, you can:

  • Remove business value from your taxable estate

  • Keep control as a trustee or director

  • Avoid any immediate IHT or CGT charge (using available reliefs)

  • Protect future growth from tax forever

What this means in numbers

Here are the saving based on a business valued at £6m

Scenario IHT payable on death Potential tax saving
No planning (after 2026) £ 1.36 million –
Partial planning (£2 m transfer) £ 0.96 million £ 0.40 million
Full planning (£6 m transfer) £ 0.36 million £ 1 million +

Typical setup cost: £10 000 – £20 000

Average saving: £400 000 – £1 360 000

✅ Return on cost: over 6 000 %

What we’ll do for you

At Seagrave French we make this simple, safe, and compliant:

1️⃣ Review your business structure and confirm eligibility for relief
2️⃣ Prepare formal valuation evidence
3️⃣ Design the most tax-efficient trust or ownership model
4️⃣ Coordinate legal drafting with our trusted solicitors
5️⃣ Handle HMRC filings and hold-over relief elections
6️⃣ Update your will to match the new ownership plan

Everything explained in plain English – no jargon, no sleepless nights.

A personal word from Jason

“I’ve been an accountant for more than 35 years.

I’ve seen every tax change under the sun – but this one is huge.

The good news is, we can still get ahead of it. Act before April 2026 and you could save your family over a million pounds in tax.

My job is to make sure you sleep soundly knowing your life’s work stays in your family, not in the Treasury.”

— Jason Seagrave, Founder & Principal, Seagrave French LLP

Book your confidential review

This 60-minute strategy session will:

  • Explain how the 2026 rules affect you

  • Estimate your potential saving

  • Outline your options to lock in full relief before it’s too late

Book now: https://tinyurl.com/rne9mmec 0115 941 5193 ✉️ jason@seagravefrenchbaa.com

Why Seagrave French

  • Accountants and Business Advisers with decades of IHT and succession expertise

  • Specialists in family-owned and trading companies

  • Friendly, practical, and proactive — we help you understand, not just comply

  • Proudly helping clients sleep soundly since 2015

author avatar
Jason Seagrave Founder
Seagrave French

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