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<p>The inclusion of shares admitted to trading on the Alternative Investment Market
– or other SME markets – within ISAs does not affect their eligibility for other tax
reliefs.</p><p><strong> </strong></p><p>Shareholdings in trading companies quoted
on the Alternative Investment Market held for at least two years prior to death or
lifetime transfer qualify for full business property relief and are therefore exempt
from inheritance tax. Further information on business property relief can be found
on the HMRC website:</p><p>http://www.hmrc.gov.uk/inheritancetax/pass-money-property/business-relief.htm</p><p>
</p><p> </p><p> </p>
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