Legal
Octopus breathes sigh of relief as £4.5bn saved from IHT selloff
The largest provider of inheritance tax (IHT) portfolios is resting slightly easier after chancellor Rachel Reeves’ maiden Budget on Wednesday. Octopus runs more than £1.5bn in AIM IHT portfolios, as well as a £3bn product that targets unlisted companies. The chancellor announced yesterday that IHT relief for AIM portfolios would…
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