Business Relief after April 2026: Why advisers are reassessing AIM

The forthcoming changes to Business Relief (BR) from April 2026 are prompting advisers to reassess how inheritance tax (IHT) planning is structured.  While attention has largely focused on the reduction in relief available on AIM shares, the reforms are also accelerating a broader shift already underway in how BR strategies are used. Historically, advisers have tended to deploy two distinct BR approaches depending on client objectives.  AIM portfolios have typically been used as capital growth strategies, appealing to younger estate planning clients comfortable with investment risk...