RE: Inheritance tax avoidance22 Oct 2024 18:55
It is AIM stock so at the moment yes it is.
AIM-listed shares can be exempt from Inheritance Tax (IHT) under certain conditions
. This exemption is known as Business Property Relief (BPR)1
. To qualify, the shares must be held for at least two years before the owner's death, and the company must meet specific criteria set by HMRC1
This relief is designed to encourage investment in smaller, growing companies by providing a tax incentive for investors1
. However, it's important to note that not all AIM-listed shares qualify for this relief, and the status of the company can change over time