Defaqto unveils new ratings for AIM and unlisted BR services

The decision to incorporate ratings for AIM and Unlisted BR services follows Defaqto's acquisition of MICAP, a specialist in tax-advantaged investments, in July last year. In November, Defaqto introduced Star and Diamond Ratings for EIS (Enterprise Investment Scheme) funds and VCTs (Venture Capital Trusts). Investments into AIM and Unlisted BR services are intended to qualify for Business Relief, which means that the entire investment can fall outside of the investor's estate for inheritance tax purposes. Defaqto said the new Star and Diamond Ratings leverage MICAP's data on the ta...