Any readers used the multiple completion route for POOS? I understand the principles involved - just want to know if there are any IHT/BPR implications of which I should be aware.
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The form of the contract ...
..... in a phased buy back is that contracts are exchanged and there are then multiple completion dates.
So that means there is a binding contract for sale, so that BPR can no longer be available in respect of the shareholding in question.