The possibility that a FTSE 100 company may move to AIM has caused concern in some quarters that this could threaten the current generous tax status of the market.
UK taxpayers will waste nearly £2 billion this year due to poor inheritance tax (IHT) planning, according to the annual Tax Action report by unbiased.co.uk.
It was announced in the Budget that anybody leaving 10 per cent or more of their estate to charity will pay a lower rate of inheritance tax on the remainder of their estate from April 2012 onwards.
