Readers’ forum: Business property relief share matching rules and AIM shares

I have a question for readers to which I cannot find an answer despite several attempts at researching. What are the business property relief share matching rules that are applicable to AIM (alternative investment market) shares?

A client has an AIM portfolio and is wondering about how to match disposals when considering whether the two year holding period for business property relief is met. She said the client is conscientious and wants to know for record keeping purposes.

I would appreciate any assistance from readers.

Query 19 948  – Researcher.

Share identification will be important.

IHTA 1984 s 106 states: ‘Property is not relevant business property in relation to a transfer of value unless it was owned by the transferor throughout the two years immediately preceding the transfer.’ IHTA 1984 s 105 sets out the types of relevant business property which include ‘property consisting of...