For many UK business owners, managing surplus cash balances can present planning considerations.

Under HMRC guidance, cash that is not demonstrably required for the day-to-day running of the business may be treated as an ‘excepted asset,’ and therefore excluded from Business Relief (BR) for Inheritance Tax (IHT) purposes.

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This September, Deepbridge’s Managing Partner Ian Warwick and COO Andrew Aldridge will embark on an extraordinary journey to raise funds for the Royal Navy and Royal Marines Charity (RNRMC).