Using the alternative investment market (AIM) for clients should be seen as more than just an inheritance tax (IHT) limitation tool as it offers great prospects for growth alongside tax mitigation, delegates heard.
Speaking at PA360 yesterday (25 April), Time Investments sales and marketing director and partner Simon Housden said advisers should see the option as an investment opportunity rather than a tax planning tool. He added that while the regulator viewed AIM and its associated Business Relief (BR) as high risk there were different levels of risk within the sphere. "We all know that you should never let the tax tail wag the investment dog. Importantly with AIM, you are looking at an investment that happens to qualify for IHT relief after two years. "Look at this as an investment rath...
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