IHT planning with AIM companies and how it works
- On June 9, 2021
- By GrowthInvest Marketing
The alternative market is an exciting way of investing in the growth of up-and-coming companies while escaping the tax man’s clutches. Oliver Brown looks at IHT planning with AIM companies.
An alternative investment market (AIM) tax portfolio is often overlooked as an inheritance tax (IHT) planning tool. Business relief was first introduced in 1976 as a way of being able to pass down family businesses without having to pay what is often ruinous IHT on the event of a founder’s death. It applies to assets such as business property, plant and machinery and, importantly, shares in unlisted companies.
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