Trading

AIM share relief cut amid Budget inheritance tax crackdown

Chancellor Rachel Reeves confirms shares in alternative markets will face a 20% effective rate

Chancellor Rachel Reeves unveiled a series of tax hikes in her first Budget
Chancellor Rachel Reeves unveiled a series of tax hikes in her first Budget Photo: Anthony Devlin/Getty Images

Chancellor Rachel Reeves has trimmed the tax relief available on AIM investments in a bid to raise more from inheritance tax.

Most AIM stocks qualify for business property relief, exempting them from inheritance tax if they are held for more than two years. While some have claimed this has created a loophole for investors to exploit, others have said it is vital to boosting UK small-cap investing.

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