As you'll be aware, any investment growth or income from ISAs is free of CGT and income tax. But Most ISA investments are still subject to 40% inheritance tax if the investor's estate (including their house) is valued at £325,000 or more. But the Octopus AIM Inheritance Tax ISA invests in companies trading on the Alternative Investment Market (AIM) and Octopus expect it to qualify for business property relief from inheritance tax. And because of the ISA wrapper, any investment growth or income received is tax-free too.
Client Planning Scenario
This simple case study illustrates how you can use these AIM ISAs to help with your clients IHT.
Discount offer details
Late-summer discount offer for investors keen to get their affairs in order well before tax year-end. Octopus initial charge down to 1% (previously 2.5%) for all Octopus AIM Inheritance Tax ISA applications received before 31 October 2015.
Discount applies to new subscriptions and transfers. Latest brochure here AIM Inheritance Tax ISA webpage, along with the application form.
If you need any more information about the Octopus AIM Inheritance Tax ISA, please call your Octopus Business Development Manager on 0800 316 2067 or email [email protected].