Market guide

AIM

AIM (London Stock Exchange growth market)

AIM is London Stock Exchange’s market for smaller, growing companies. Its shares can be harder to trade than those of large companies, and some tax rules differ from the Main Market’s.

Current shareholder perks

Our coverage includes the following companies with current perks.

Dealing considerations

Most AIM purchases are exempt from stamp duty

AIM shares qualify for an exemption from the usual 0.5% Stamp Duty Reserve Tax if they are not also listed on another market. A company with a listing elsewhere may therefore attract the tax even when you buy its AIM shares.

Check the price and the size of the quote

AIM shares can be difficult to buy or sell, and the gap between buying and selling prices can be wide. Before placing an order, check the price available and how many shares you can trade at that price.

Confirm ISA eligibility with your provider

Shares admitted to trading on AIM can qualify for a Stocks and Shares ISA because AIM is operated by London Stock Exchange, a recognised stock exchange. Confirm that your provider accepts the particular share you want.

AIM inheritance tax relief is limited to 50%

From 6 April 2026, business property relief on qualifying shares that HMRC treats as “not listed”, including AIM shares, is 50%. The £2.5 million allowance for other business and agricultural property does not extend to these shares.

An AIM company must retain its nominated adviser

AIM has its own rules, separate from the Main Market’s. Every company must retain a nominated adviser to meet them. If a company loses its adviser, trading is suspended; if it does not appoint a replacement within a month, its admission is cancelled. Your shares could therefore become untradeable at short notice.

Brokers and charges

Compare the dealing terms below for selected brokers. Before buying, check the issuer’s eligibility rules and ask your broker what help it provides with the claim.

AJ Bell

These charges cover UK retail clients with a Dealing account.

How to deal
You can deal online or by telephone.
Dealing charges
An online share trade costs £5.00, reduced to £3.50 after 10 or more share deals in the previous month. A telephone trade costs £25. AJ Bell publishes no separate AIM tariff.
Other costs
Holding shares costs 0.25% a year, capped at £3.50 a month. Qualifying AIM purchases are normally exempt from Stamp Duty Reserve Tax. Sterling shares carry no currency conversion charge.

AJ Bell: charges  , checked

How AJ Bell handles shareholder perks

Hargreaves Lansdown

These charges cover UK retail clients with a Fund and Share Account, Stocks and Shares ISA or SIPP.

How to deal
You can deal online, through the app, by telephone or by post.
Dealing charges
An online share trade costs £6.95, reduced to £3.95 after 20 or more deals in the previous month. Telephone and postal trades cost £29 each. Regular monthly investing by Direct Debit carries no dealing charge. HL publishes no separate AIM tariff.
Other costs
Holding shares costs 0.35% a year, capped at £12.50 a month. AIM shares are normally exempt from Stamp Duty Reserve Tax if they are not listed elsewhere. Sterling shares carry no currency conversion charge.

Hargreaves Lansdown: charges  , checked

How Hargreaves Lansdown handles shareholder perks

interactive investor

UK-resident individual clients can use a Trading Account, ISA or SIPP on a Core, Plus or Premium monthly plan.

How to deal
You can deal online or by telephone.
Dealing charges
Standard online UK share trades cost £3.99 on Core or Plus and £2.99 on Premium. Orders over £500,000 have a different tariff. Telephone orders add £49 to the dealing commission. Plus includes £3.99 and Premium £5.98 of monthly trading credit, valid for 31 days. This credit cannot pay the telephone surcharge.
Other costs
Monthly plans cost £5.99 for Core (portfolios up to £100,000), £14.99 for Plus or £39.99 for Premium, whether or not you trade. Qualifying AIM purchases are normally exempt from Stamp Duty Reserve Tax. Sterling shares carry no currency conversion charge.

interactive investor: charges  , checked

How interactive investor handles shareholder perks