Should AIM investors still fear IHT changes?
Papers previously published by the Office of Tax Simplification initially sent shivers of uncertainty through AIM. Since then London's growth market has thrived, but should investors really be worried? Read on for our thoughts.
At some point in our lives, most of us will be faced with the daunting task of sorting out the estate of a deceased relative – often a parent. It’s a complicated, expensive process at a uniquely painful time. Anyone who has experienced it will no doubt welcome the government’s proposals to simplify inheritance tax (IHT) laws. In the first of two reports, published in November 2018, the Office of Tax Simplification (OTS) – an independent adviser to the government – highlighted that less than 5% of all the people who die every year are within the scope of IHT (…