New IHT qualifying companies admitted to AIM
November 2014 saw 5 new arrivals on AIM and 8 departures with 2 more companies re-admitted following reverse takeovers.
Of the 1096 companies on AIM at the end of October Investors Champion's AIMsearch considers that 764 qualify for Inheritance tax planning purposes and 91 part qualify.
With 5 of the departing companies non-qualifying there was therefore a net increase in the number of qualifying AIM companies during the period – the net increase in the number of qualifying AIM companies appears to be a developing trend.
AIMsearch considers that all of the new arrivals qualify for IHT planning purposes although the proposed dual listing of one could put their IHT qualification in doubt. New arrivals in October included: Atlas Development Support Services Ltd (AIM:ADSS) the provider of turn-key support service solutions to multiple sectors including oil & gas, mining, construction, NGO and government in East Africa. Atlas was previously called Africa Oilfield Logistics Ltd and changed its name following the acquisition of Ardan Logistics Kenya Ltd which has an established international client base and currently services 13 clients at numerous sites across East Africa. These clients…