As UK Prime Minister Rishi Sunak ponders an inheritance tax (IHT) cut in an attempt to sway voters ahead of a General Election, one tax specialist has warned that any plans to scrap the tax could have disastrous implications for the alternative investment market (AIM).

According to the Sunday Times, cuts in IHT could lead to the eventual scrapping of the tax which sees estates worth more than £325,000 taxed at 40 percent, with an extr...