Questor: this American computer games company qualifies for inheritance tax relief – buy

Late last month in another of Questor’s formats we tipped for the wider readership a computer games company called tinyBuild, partly because its executive team had retained a very significant stake in the business at its flotation in March. Such “skin in the game” suggests that they believe in the firm and we think they will prove wise stewards when so much of their own wealth – £204m at the time of our tip in the case of the chief executive – is at stake. The company’s shares are quoted on Aim so readers keen to shield assets from inheritance tax may want to consider the stock. The shares will qualify for the “business relief” tax break, according to Fundamental Asset Management, which runs IHT portfolios for clients and hence has a strong incentive to assess qualification correctly. The shares have slipped by about 2pc since our tip. Although they are quoted in London the firm is American so your broker will probably ask you to fill in a “W-8BEN” form; some will not deal in the shares because of special settlement arrangements. Questor says: buy Ticker: TBLD Share price at close: 259p