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Glossary   >   B   >   "Business property relief" Definition            Business property relief A deduction of either 50% or 100% which is made from the value of business property when it is assessed for inheritance tax purposes. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Business property relief - A deduction of either 50% or 100% which is made from the value of business property when it is assessed for inheritance tax purposes.