Individual Savings Accounts: AIM Shares — Question

Part of the debate – in the House of Lords at 2:44 pm on 31st January 2012.

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Photo of Lord Sassoon Lord Sassoon The Commercial Secretary to the Treasury 2:44 pm, 31st January 2012

My Lords, it depends what question they are asked and what the considerations are. I can see that lots of people have an interest in wanting AIM shares to be eligible for ISAs. However, I suspect that if they were also asked whether they wished to see AIM shares lose some of the tax benefits that they have in the way of eligibility for enterprise investment schemes and venture capital trusts and particularly the inheritance tax advantage that comes with their status as business property relief, they might not be so keen on this change.