Business property relief – rented partnership premises

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Hi,
A client wishes to gift his share in a business property to a child (who has taken over his share of the partnership business). But he wishes to gift the property subject to him retaining a life time interest in the rent earned from the property (paid from the same business partnership). Can business property relief apply for the child where a limited interest is received?

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Asked on 13 June 2017 11:02 am
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