AIM Stocks and IHT

AIM Stocks and IHT

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AIM stocks which are held for more than 2 years may be free of IHT (as some qualify for BPR)

If an individual wants to transfer these from his direct holding into an ISA, would this retain the initial purchase date or would the 2 years start from scratch again?

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By J_G_W
03rd Sep 2014 15:53

Its from when the client holds the shares, the wrapper or indeed platform they are held has no bearing.

Its worth mentioning that not all AIM stocks qualify. And indeed, qualification can change, so whilst one share may qualify today it may not qualify in the future. An important caveat if providing advice to your client. I'd suggest that you, or your client contacts the company directly for clarification, and periodically checks in the future to ensure their investment remains eligible.

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