Toledo - Cashflow from the world's 3rd largest Nickel Resource

Re: AIM capital gains tax and business asset taper relief.

Someone mentioned earlier that holding TMC for 2 years would reduce the CGT liability by 50% to a payable rate of 20% on gains above the annual allowance.

Unfortunately, this is not the case, since to qualify for Business Asset Taper Relief an AIM stock must be considered by the Revenue to be a "qualifying" company, essentially one carrying out a 'trade'.

Mining and exploration companies are specifically excluded from Business Asset Taper Relief.