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.