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

European financial services M&A activity picked up in 2024, with deal volume reaching a nine-year high

The total disclosed deal value also rose from €36.3bn in 2023 to €52.0bn in 2024 – with 10 deals above €1bn in value last year.

Federal Council initiates consultation on exchange of information under the OECD minimum tax

The implementing jurisdictions should also be able to check whether the tax calculations of MNE groups are correct.

Ex-Man Utd footballer faces tax bill after losing part of HMRC case

Robson will be left with a hefty tax bill after losing part an appeal at the First Tier Tax Tribunal.

EISA’s Christiana Stewart-Lockhart positive about UK startups despite challenging 2024

Unfortunately, there are many potential investors who are missing out, largely due to a lack of awareness about the schemes.

UK Inheritance Tax receipts hit £6.3 billion through first three quarters of the financial year

Inheritance Tax is delivering record receipts for the Treasury as asset prices rise while the thresholds remain frozen in place

Quilter proposes flat-rate solution to IHT on pensions consultation to prevent payment delays for grieving families

Under this approach, any unused pension funds would be taxed at a clear, fixed rate once their total exceeded a nil rate band that applies across all the members schemes.

Lord Mayor of London attacks Reeves over ‘bizarre’ tax

Economists at JP Morgan have warned that the Chancellor may already be facing a £20bn fiscal hole after disappointing growth and a sell-off in gilts.

Ros Altmann: The disaster of removing IHT exemptions for unused pension funds

The harm to traditional final-salary-type (DB) pensions was only recognised years later.

Claire Trott: Navigating annuities and inheritance tax

While this will work for some, there are a good number of considerations to take into account when thinking about this option.

IHT tax on pensions must ‘loosen’ where lump sums are not for estate management

Broadstone consultancy agrees pensions should be used for income rather than wealth transfer

Industry reacts as Spain mulls 100% property tax on non-EU buyers

The Spanish PM claimed that people were buying ‘mainly for speculation’

Crypto Tax Chaos Grips Britain as HMRC Targets Traders with Tough Crypto Tax Calculations - UK

Thousands of crypto traders across the UK are grappling with the complexities of HMRC’s rapidly evolving crypto tax framework.

Christmas comes early for government as tax take soars

Farmers will also start to add to these figures as Agricultural Property Relief becomes less generous.

Five top tax-saving tips for 2025

These are our five top tax-saving tips for 2025 to help you make the most of your money.

Taxing times ahead for the UK

Regulations in the early 2000s placing a legal obligation on some pension schemes to match liabilities accelerated the flight away from UK equities.

Taxation of Ultra-high-net-worth individuals

The hearing will address public concerns about fairness and the need for tax policies that promote equitable economic growth.

5 tax hacks: how to make financial gifts without a big tax bill

Giving lifetime gifts can be a smart way to reduce your Inheritance Tax (IHT) bill, but gift-givers need to take care.

Tax rises for Charities in the UK following the October Budget Announcement

The uplift comes amidst other pressures facing the charities sector, including a 6.7% rise in the national living wage effective from 1 April 2025.

Autumn Budget 2024: what trustees need to know

The new regime will therefore bring a number of existing “excluded property” trusts within the scope of UK IHT for the first time.

Clear tax roadmap essential for effective FCA targeted support for pension savers

Targeted support, as suggested by the FCA, has the potential to act as a stepping stone towards full advice while providing information that feels more relevant to people than generic guidance.