Two weeks ago we published a note in advance of the ‘mini-budget’ arguing that IHT benefits attached to qualifying AIM share should not be removed (Simple Sums for the Chancellor). The logic being that the value to the UK economy of the mild encouragement provided by the IHT concession to those considering an IPO onto AIM is a very large multiple of the cost in tax foregone by HMRC.
The concession was not amended, this time. But that risk still hangs over the AIM market and the Chancellor has now ordered a review of CGT as he seeks to balance the books. Therefore we are next hosting a webinar to discuss constructive moves to simplify relevant taxes, as well as steps to improve the flow of good quality companies onto AIM.
We are delighted that the panellists appearing represent a cross-section of businesses that are very influential in respect of SMEs in the UK:
- Marcus Stuttard, Head of AIM and UK Primary Markets at the LSE
- Dru Danford, Head of Corporate Advisory at Shore Capital
- Paul Jourdan, CEO of Amati Global Investors
The webinar will start at 3pm on Thursday, 23 July and last approximately 1 hour.
Questions will be taken from the audience and addressed after the Panel discussion.