Business Property Relief definition

Business Property Relief means Business Property relief (or Business Relief (BPR)) as provided for in Part V, Chapter 1 of the Inheritance Tax Act 1984.
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Business Property Relief means business property relief as provided for in Chapter 1 of Part V of the IHTA;
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Business Property Relief means Business Property Relief as provided for in Part V, Chapter I of the Inheritance Tax Act 1984;
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Examples of Business Property Relief in a sentence

  • First, the resources of the attack surface must be found with the entry- and exit-point framework.

  • IHT Business Property Relief provided that they have been held for two years prior to an event giving rise to a potential charge of IHT, however as the Company does not qualify as a trading company this relief will not be available.

  • No guarantee can be given that HMRC will grant Business Property Relief on each investment made for the portfolio(s).

  • Makingsure your plan is updated will ensure you can take advantage of those changes.Business Property Relief (BPR) If you’re a business owner, Business Property Relief (BPR) is a valuable Inheritance Tax relief.

  • Our policy is to invest in qualifying investments which are those that benefit from Business Property Relief (Business Relief (BPR)) at the time of purchase.

  • Unquoted shares in your business can receive up to 100% relief from Inheritance Tax if they qualify for Business Property Relief.

  • IHT Business Property Relief provided that they have been held for two years prior to an event giving rise to a potential charge of IHT.

  • The Investor acknowledges that, if he makes a withdrawal, he may lose Business Property Relief in respect of the Investment(s) sold or otherwise realised to enable the withdrawal to be effected.

  • For example, some investments in unquoted trading companies may provide a shelter against IHT through 100% Business Property Relief.

  • Schedule 3: Custodian’s Terms of Business Important information relating to your Enterprise Investment Scheme (‘EIS’), Seed Enterprise Investment Scheme (‘SEIS’), Business Property Relief (‘BPR’), Business Relief (BR) and Business Investment Relief (’BIR’) account(s).

Related to Business Property Relief

  • Business Property means property on which a business is conducted, property rented in whole or in part to others, or held for rental.

  • Intellectual property record means a record, other than a financial or administrative record, that is produced or collected by or for faculty or staff of a state institution of higher learning in the conduct of or as a result of study or research on an educational, commercial, scientific, artistic, technical, or scholarly issue, regardless of whether the study or research was sponsored by the institution alone or in conjunction with a governmental body or private concern, and that has not been publicly released, published, or patented.

  • Property records means the records created and maintained by the contractor in support of its stewardship responsibilities for the management of Government property.

  • Seller Intellectual Property means any Intellectual Property that is owned by either Seller and primarily used in connection with the Business.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Intellectual Property Assets includes:

  • Contractor Intellectual Property means any intellectual property owned by Contractor and developed independently from the Services.

  • Intellectual Property (IP) means all copyright, rights in relation to inventions (including patent rights and unpatented technologies), plant varieties, registered and unregistered trademarks (including service marks), registered designs, confidential information (including trade secrets and know-how), mask-works and integrated circuit layouts, and all other rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields;

  • Intellectual Property Asset means, at the time of determination, any interest (fee, license or otherwise) then owned by any Credit Party in any Intellectual Property.

  • Intellectual Property Contracts means all agreements concerning Intellectual Property, including without limitation license agreements, technology consulting agreements, confidentiality agreements, co-existence agreements, consent agreements and non-assertion agreements.

  • Company Intellectual Property Assets means all Intellectual Property Assets owned by the Company or used or held for use by the Company in the Business and all Products.

  • Intellectual Property Claim any claim or assertion (whether in writing, by suit or otherwise) that a Borrower’s or Subsidiary’s ownership, use, marketing, sale or distribution of any Inventory, Equipment, Intellectual Property or other Property violates another Person’s Intellectual Property.

  • Company Intellectual Property Agreements means any Contract to which the Company or any Subsidiary is a party or is otherwise bound and (A) pursuant to which the Company or any Subsidiary has granted any rights with respect to any Company Intellectual Property or has been granted any rights with respect to any Third-Party Intellectual Property, or (B) that otherwise governs any Company Intellectual Property.

  • Intellectual Property Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to xxx, permissions and other Contracts (including any right to receive or obligation to pay royalties or any other consideration), whether written or oral, relating to any Intellectual Property that is used in or necessary for the conduct of the Business as currently conducted to which Seller is a party, beneficiary or otherwise bound.

  • Trade Secrets Collateral means all common law and statutory trade secrets and all other confidential or proprietary or useful information and all know-how obtained by or used in or contemplated at any time for use in the business of the Grantor (all of the foregoing being collectively called a "Trade Secret"), whether or not such Trade Secret has been reduced to a writing or other tangible form, including all documents and things embodying, incorporating or referring in any way to such Trade Secret, all Trade Secret licenses, including each Trade Secret license referred to in Schedule V attached hereto, and including the right to xxx for and to enjoin and to collect damages for the actual or threatened misappropriation of any Trade Secret and for the breach or enforcement of any such Trade Secret license.

  • Transition Property means the property right created by a financing order, including without

  • Business Intellectual Property means the Licensed Intellectual Property and the Owned Intellectual Property.

  • Environmental justice means the fair treatment of people of all races, cultures, and incomes with respect to the development, adoption, implementation, and enforcement of environmental laws, regulations, and policies.

  • Property Reinvestment Application means, with respect to any Asset Sale, the application of an amount equal to the Net Proceeds Amount with respect to such Asset Sale to the acquisition by the Borrower or any Subsidiary of operating assets of the Borrower or such Subsidiary to be used in the principal business of such Person as conducted immediately prior to such Asset Sale.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Intellectual Property Licenses means (i) any grant by the Company to another Person of any right, permission, consent or non-assertion relating to or under any of the Purchased Intellectual Property and (ii) any grant by another Person to the Company of any right, permission, consent or non-assertion relating to or under any third Person’s Intellectual Property.

  • Intellectual Property Agreement means the Intellectual Property Agreement substantially in the form attached hereto as Exhibit C.

  • Business Intellectual Property Rights means (a) the Intellectual Property Rights owned or licensed by the Group Companies and (b) any other Intellectual Property Rights owned or licensed by Seller or any of its other Subsidiaries and used solely in the conduct of the Business.

  • Project Intellectual Property means the legal rights relating to inventions (including Subject Inventions as defined in 37 CFR 401), patent applications, patents, copyrights, trademarks, mask works, trade secrets, and any other legally protectable information, including computer software, first made or generated during the performance of this STTR Agreement.