- Home
- About Us
- Asset Management
- Equity Capital Markets
- Investors
- Press
- Work for Us
- Contact Us
- Research Login
AIM IHT Services
Shore Capital has designed the Inheritance Tax Relief Service to make the selection and management of potentially IHT exempt AIM shares practical and effective. We will provide bespoke investment management on a discretionary basis. Shore Capital will select and manage on your behalf a portfolio of shares which should qualify for IHT relief ("qualifying shares" or shares in "qualifying companies") if held for at least two years. The investment criteria will be to seek qualifying companies which the investment managers believe are established, generally profitable and likely to pay a dividend. These companies may also have the potential to show capital growth.
Providing that the shares continue to qualify (which can be subject to change if the business alters or the company becomes listed on a recognised exchange), the portfolio will provide investors with the potential to obtain 100% relief from Inheritance Tax ("IHT"), a modest net income and also capital growth. But as the portfolio remains held on your behalf, you will retain both ultimate control of the assets and beneficial ownership of the portfolio. As a result, if your circumstances change, you can access the portfolio.
The Inheritance Tax Relief Portfolio Service utilises the tax advantages of companies qualifying for Business Property Relief ("BPR"). For the purposes of BPR, shares in AIM companies are considered to be unquoted unless they are also listed elsewhere. By investing in shares in AIM companies ("qualifying shares") investors receive the following tax advantages:
• 100% relief from IHT on gift of qualifying shares which have been held for two years or more
• 100% relief from IHT on death in respect of qualifying shares which have been held for two years or more
This method of re-organising your affairs uses existing tax legislation and operates within its spirit as well as its letter. It is therefore not contentious as a means of minimising IHT. You should also note that on occasions it may be possible for the manager to subscribe for EIS qualifying shares and include them in the IHT Relief Portfolio. Such investments offer income tax relief on subscription and capital gains tax relief on their sale, provided that the shares are held for three years. Additionally capital gains arising from the sale of other assets can be deferred if reinvested into EIS shares.
Regulatory Framework and Disclaimer
Shore Capital Stockbrokers Limited is a member of the London Stock Exchange and is regulated by the Financial Services Authority ("FSA").
Shore Capital Limited and Shore Capital and Corporate Limited are regulated by the FSA.
The information on this website about Shore Capital Limited plc ("the Company") is derived from sources considered reliable but no warranty, expressed or implied, by the Company, its directors or employees is given as to its accuracy or completeness. No reliance should be placed on this information in any decision to acquire or dispose of shares in Shore Capital Limited plc or any investment referred to herein. Potential investors in the Company's shares are recommended to take advice before dealing from an authorised professional investment adviser or stockbroker.
The services described on this website are available solely subject to the terms and conditions of a client engagement agreement which will represent the whole agreement between any Shore Capital company and the client. The description on the website is to provide a preliminary overview and cannot be relied upon as the basis of any contractual obligation. No investment advice is offered on this site and none should be construed as being offered. Past performance is not necessarily a guide to the future and share and unit prices can go down as well as up.
Where links have been provided to other websites this has been done solely for our users' convenience, without giving any express or implied guarantee, endorsement or recommendation by Shore Capital Limited plc. Shore Capital Limited plc has no responsibility for the content of such websites and cannot accept any liability in this respect. Use of these links implies acceptance of this condition.
Whilst we seek to keep this website up-to-date, the information displayed is subject to change without notice.