RE: Dividend28 Feb 2019 16:28
If the ultimate aim is for me to pass on BMN shares to my family and we lose the IHT benefit by dual listing then if I gift them (by means of selling £20k a year per person, funding their ISA with it and buying £20k of BMN) then as long as I live for seven years after each year of gifting there is no tax to pay - as I understand it.
From gov.uk: "The 7 year rule. If there's Inheritance Tax to pay, it's charged at 40% on gifts given in the 3 years before you die. Gifts made 3 to 7 years before your death are taxed on a sliding scale known as 'taper relief'"
The only downside being that dividends from those chunks go to them and not to me, but if you are like me then you are looking to share the benefits of BMN with descendants anyway. No doubt in many cases your descendants are already invested either knowingly or not!
Not advice, DYOR, consult an advisor, etc.