Mark McLaughlin looks at AIM-listed shares as a potentially IHT-efficient investment for individuals.
Many individuals concerned about exposure to a potential inheritance tax (IHT) liability on their estate would probably welcome an IHT-efficient investment such as a business interest or shares in an unquoted trading company, which are eligible for business property relief (BPR) at 100% if certain conditions are satisfied.
Of course, not everyone has their own business or (say) shares in an owner-managed or family company. However, it is still possible to access BPR, such as by investing in someone else’s business (e.g., shares in a friend’s trading company). Another possibility of using BPR as an IHT shelter is by investing in company shares listed on the alternative investment market (AIM).
AIM shares and BPR
A business (or business
