BPR schemes are built around the Business Property Relief rules. There are a growing number of these schemes. Often these unlisted companies are created to invest into areas where they will qualify for BPR. Typically they are involved in wind/renewable energy, bridging and short-term lending or energy management. Besides the obvious investment risk, they are also very exposed to political risk where a change in policy could make the investments or the products redundant. With what we have seen they offer very little return during your lifetime and the main sales pitch is around the 40 % IHT saved over a two year period. High tolerance to investment risk is required. Contact our Exeter IFA team to find out more.