Over 140 AIM Companies Warn Chancellor Over Tax Incentive Uncertainty

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Over 140 AIM Companies Warn Chancellor Over Tax Incentive Uncertainty
Aim,Taxincentive,Investorconfidence

More than 140 London-listed companies, including Fevertree Drinks, Jet2, Mothercare, and YouGov, have warned Chancellor Rachel Reeves that uncertainty over the continuation of a vital tax incentive is damaging investor confidence ahead of this month's budget.

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By Mark Kleinman, City editorMore than 140 London-listed companies including Fevertree Drinks, Jet2, Mothercare and YouGov have warned the chancellor that uncertainty over the continuation of a vital tax incentive is damaging investor confidence ahead of this month's budget.Sky News can exclusively reveal that AIM-quoted businesses generating combined profits of £1.

The letter represents a comprehensive warning to Ms Reeves from dozens of prominent companies about the impact of recent speculation about the abolition of BR for inheritance tax.It is understood to have been organised at the behest of Octopus Investments, which is invested in a large portfolio of AIM stocks through its AIM Inheritance Tax Service.

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