CITY AM – Bosses warn against aim tax overhaul
CITY AM SAYS London’s AIM is under threat of “irrecoverable damage” if Labour scraps the inheritance tax relief on the junior market’s stocks, City analysts have warned.
Rumours are swirling in the City that Chancellor Rachel Reeves could remove the inheritance tax break on AIM shares, which let shares be passed on tax free if held for at least two years before an individual dies, in the upcoming Budget.
