RE: ASX Listing.22 Jul 2024 15:59
Bamps - I did research off the Government web site and they quote below - AIM is considered not Listed. It depends on the individual domiciled not where the business is conducted that part was from the Stock Exchange definitions on IHT
What qualifies for Business Relief
You can get 100% Business Relief on:
a business or interest in a business
shares in an unlisted company
Which companies qualify?
IHT is more concerned with the individual’s domicile.
Accordingly, a company need not be UK resident. Most
trades qualify but a company’s business must not be
wholly or mainly that of:
— dealing in securities, stocks and shares
— dealing in land or buildings
— making or holding investments (unless that of a market
maker or discount house)
MH01 at 40% its a big number to worry about at anytime.