- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Rachel Reeves could impose a surprise 'one off' tax on wealth in Budget next month

The Treasury last night refused to rule out a one-off wealth tax when asked if the Chancellor was considering implementing the proposal at the Budget.

Families use children’s pensions to cut inheritance tax bills

Gifts made this way can become exempt from IHT after seven years.

Over half of Brits want IHT abolished

The research also found three quarters of respondents considered or decided against taking professional advice in relation to IHT.

UK Conservative Party says it would scrap stamp duty

The shock announcement has been branded a “rabbit out of the hat”

British eco-populist leader pushes wealth tax, warns of far-right rise

At the party’s annual conference, new Green leader Zack Polanski took aim at the sitting Labour government and attacked right-wing Reform UK leader Nigel Farage.

Grant Thornton welcomes first cohort of digital trainees

Each year, Grant Thornton’s UK wing welcomes trainees to its offices across the country.

Zucman: French government should’ve listened to me on wealth tax

The popular economist says France’s 3 previous prime ministers ignored his proposal.

HMRC hiring 6,000 new 'tax hunters' to track down cheats in massive crackdown

The Treasury has confirmed that 5,500 new compliance caseworkers and 400 offshore specialists will be brought on board over the coming five years to pursue evaders – with the target of increasing revenues by £7.5 billion by the decade's e

As France teeters on the edge of economic collapse, a wealth tax looms

The Left’s answer to tackle the country’s debt? Make the rich pay more

Life insurance sales soar as families scramble to protect estates from IHT

The firm believes the rush to use life insurance for IHT planning follows the government’s announcement at the last Budget that more assets will become subject to inheritance tax.

Chancellor makes no effort to quell tax rise fears in Labour conference speech

The Chancellor used the rumoured freeze extension as her ‘rabbit out of the hat’ moment at last year’s budget

Tax-free pension lump sums and cancellation rights

Under our rules, consumers have the right to cancel certain contracts, typically within 30 days of entering the contract, if they change their mind.

UBS resolves legacy French tax matter, pays EUR835 million

As part of the resolution, UBS AG agreed to pay a fine of EUR730 million and EUR105 million in civil damages to the French State.

The EUDR: A pathway to deforestation-free supply chains in Europe

The EUDR challenges businesses to facilitate deforestation-free products while unlocking opportunities for sustainable supply chain practices.

UK taxes to rise steadily to combat mounting public spending pressures – KPMG

Consumers are expected to remain cautious in relation to spending while uncertainty about trade policy continues to pose a risk to levels of business investment

Without the right tax framework, UK will drive wealth creators away

The UK economy remains under pressure, with inflation proving stubbornly high, interest rates on hold, and no growth recorded in July.

Wealth tax economist hits back at French tycoon's 'pseudo-academic' claim

The idea has been enthusiastically taken up by the French left, including the Socialist Party, whose support new Prime Minister Sebastien Lecornu could need to ensure the survival of his government.

IHT on pensions will put ‘undue stress and burden’ on grieving families

HM Revenue & Customs opened a consultation on draft legislation relating to IHT on pensions which included changes addressing a number of issues raised in the initial consultation.

HMRC stats show record ISA inflows but £102m lost to LISA penalties

In 2023/24 households subscribed a record £103 billion into ISAs, with cash ISAs alone accounting for almost £28 billion more than the year before as higher rates tempted people back into deposits.

State pension 4.7% rise could lead to income tax woes

The inflation figure which is used will be for the year to September and will be announced in October.