Keep an eye on the qualifying status of your AIM shares – the taxman will!
As the quality of AIM has improved and with ISAs able to hold AIM shares since 2013, there has been a growing interest in AIM for Inheritance Tax (‘IHT’) planning purposes. Over this period, the qualifying status of many AIM companies has also changed. Our latest Blog covers several factors for IHT planning investors to consider.
Investor’s Champion AIMsearch tool which you can access from the link here identifies AIM companies, an investment in which may qualify for relief from Inheritance Tax (IHT). Our exhaustive research across all AIM listed companies reveals some subtle changes in the nature of many AIM companies which may go unnoticed by AIM investors but which could result in a potentially hefty tax bill at a future date. - Replacement of AIM shares – a lesson for all! This little tale of our hypothetical investor ‘Archie’ illustrates several other factors to be aware of when investing in AIM shares for inheritance…