Stocks and shares: investments on alternative markets: instalments
Instalments are available for controlling shareholdings (IHTM18335) under IHTA84/S228 (1)(a)).
Instalments for smaller holdings on AIM, OFEX, USM and Rule 4.2(a), and on NASDAQ Europe after 28 November 01, are theoretically available under IHTA84/S227 (2)(b) where the shares and securities are classed as “unlisted” for business relief (IHTM25131) purposes. However, the “minimum 20% holding” and “£20,000 minimum value” rules apply, as explained in the instalments section (IHTM30219) of this manual, which mean that instalments are rarely due.
If instalments are claimed, follow the advice in the instalments section of the manual, seeking advice from Shares and Assets Valuation where necessary.