11/22/2024
A moderate lifestyle includes being able to afford £74 a week on food (including food away from the home) as well as two weeks in Europe and a long weekend in the UK every year.
11/21/2024
This consistent upward trend underscores the government’s rationale for freezing the IHT threshold until 2030.
11/15/2024
The new feature provides advisers with an IHT liability illustration
11/13/2024
The proportion of deaths subject to IHT projected to double
11/13/2024
The headlines are that the remittance basis of taxation will be abolished and replaced with a new residence-based regime.
11/07/2024
Following the Autumn Budget, most unused pensions pots will be subject to inheritance tax from April 6 2027.
11/07/2024
The precise rules as to how this will work remain subject to confirmation
11/06/2024
One rationale behind the change was to remove taxpayers’ “incentive to use pensions as a tax-planning vehicle for wealth transfer after death.”
11/05/2024
Advisers warn British government’s proposal to replace non-dom scheme will attract those seeking short-term tax holidays
11/04/2024
The remarks are the most high profile attack from a British business leader since Reeves’ budget after firms were forced to shoulder the bulk of her £40 billion of tax rises.
11/04/2024
Many families had planned to leave their pension pots to their loved ones as a means of preserving and passing on their wealth, but these plans have now been disrupted by the Budget's decisions.
11/01/2024
The proposed changes, introduced in a government consultation, outline an extensive process for including pension assets in IHT calculations.
11/01/2024
The proposed modern industrial strategy and corporate tax roadmap are a welcome starting point to attract greater capital.
11/01/2024
Passenger duty will increase 50% for the largest private jets in 2026
10/31/2024
For millions of middle-income earners, this means paying a higher proportion of their income in tax without seeing any real increase in their purchasing power.
10/31/2024
There is legitimate concern that these policies are a fast track to a brain drain, with high-net-worth individuals, entrepreneurs, and top talent now actively exploring relocation to more tax-friendly jurisdictions.
10/31/2024
As the dust settles on the Budget 2024, advisers from the Spear’s network give their insights into the impact the government's tax policies will have on Britain's HNWs and entrepreneurs
10/31/2024
Rachel Reeves, Chancellor of the Exchequer, outlined her Budget today which may contain various tax rises for UK residents which Canaccord say has been causing concern for their wealthy clients.
10/31/2024
The government’s Budget measures are predicted by the independent Office for Budget Responsibility to generate nearly £40 billion ($52 billion) in additional revenue in the 2025/26 tax year.
10/30/2024
With the Budget set to hit wealth creators, high net worth individuals and non doms, there are concerns the Chancellor could be eyeing up an exit tax