After the changes to business property relief, transfers of business assets into trusts could trigger an immediate tax charge. Can they still work as a tool for passing on wealth for business owners and entrepreneurs? The window is closing. When the current government announced plans to limit full business property relief (BPR) in its 2024 Budget, it set a deadline. Those seeking to pass on their firm free of inheritance tax (IHT) had until this April to put it in a trust.