AIM investment offers IHT reprieve

Investing in an
could you reduce a taxpayers inheritance tax bill if they are held
for more than two years, the Daily

According to the report, AIM stocks are generally regarded as more risky than
those with a full listing on the
London Stock Exchange, but if
they held in the ‘junior stock market’ for at least two years they become exempt
from inheritance tax – giving a potential 40pc tax saving and allow the investor
to retain ownership of their assets.

Anthony Scott of private client stockbrokers Charles Stanley, which offers an
Inheritance Tax Portfolio Service, said: ‘When we first launched our AIM
inheritance tax service in October 2003, our first client was an elderly lady
with £500,000 to invest.

‘She would have seen this reduce to just £300,000 after inheritance tax but
by investing in the Aim now has a portfolio worth £820,000 – and all of that is
free of inheritance tax.’

Further reading:

New AIM rules target below par nomads

FTSE4Good tightens index entry

Nomads’ rule-book set for release

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