Benefits of AIM shares in your ISAs
Tax-free income and growth
Like any ISA investments, you will not have to pay capital gains tax on profits you make, and you will not be taxed on dividends. AIM shares are also exempt from stamp duty.
Passing on more wealth
Certain AIM shares qualify for Business Property Relief. This means that after being held for two years, the value of any qualifying AIM shares in your ISA will be excluded from your inheritance tax calculation. You must have held these shares for at least two years and still be holding them on your death for them to qualify for exemption.
Investing in AIM shares via an ISA means that you benefit from tax breaks and your beneficiaries can receive 100% of the value.
Access
Anyone can benefit from the tax break by investing in their own ISA or via an AIM IHT ISA portfolio run by a fund manager. The only limitation is the annual ISA allowance. Other ISA assets from previous tax years can be transferred to AIM IHT portfolios.
