News
Reducing an IHT bill with AIM investment
Reducing an IHT bill with AIM investment is becoming evermore popular with advisers. With IHT receipts soaring in 2018, many people are looking for ways to mitigate the 40% death tax. The government received a record £5.2bn from IHT receipts in 2017/18, and this figure is projected to exceed the £6bn mark by 2021/22. AIM investment mitigates IHT via qualification for Business Relief (formerly referred to as Business Property Relief). This method of tax efficient investment also has strong government support, via last year’s consultation response to the Patient Capital Review: “BR plays a valuable role in preventing the breakup… continue reading
August 29, 2018