A brief guide to the tax treatments for the applicable markets on PLUS is
as follows:
The PLUS-listed market
The PLUS-listed market, which provides a cost-effective route to the capital
markets in London, is an EU-Regulated Market operated by PLUS Markets plc,
an RIE, and a recognised stock exchange under the Taxes Act, which means
that it is approved by HMRC as a listing venue for tax-efficient issuers
such as investment trusts, VCTs and REITs.
Securities on the PLUS-listed market benefit from ISA and PEP eligibility.
For more information on the PLUS-listed market, please
click
here.
The PLUS-quoted market
The recent granting of RIE status to PLUS Markets plc does not affect the tax
status for the PLUS-quoted market, our exchange-regulated market for small
and mid-cap companies, which remains unchanged.
Important tax benefits for PLUS-quoted investors apply to both individuals
and corporates, including capital gains and inheritance tax reliefs; and
eligibility for reliefs for venture capital trust and enterprise investment
scheme investors.
Both PLUS-listed and PLUS-quoted securities are eligible for inclusion in
self invested personal pension schemes (SIPPs).
For detailed information on the PLUS-quoted tax benefits, please download
the PLUS Tax Benefit Guide
here.
Anyone in any doubt about their tax position should immediately consult
their own independent financial adviser.