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

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’

HMRC ramps up campaign to clamp down on offshore tax evasion

Acting proactively, particularly before receiving a nudge letter from HMRC, can mitigate the risk of harsher penalties and lengthy investigations

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.

Income tax will be frozen until 2026, Finance Secretary promises

Shona Robison said more people will also be pulled into paying lower rates of tax as thresholds increase by around double the rate of inflation.

Record Post-Budget inflows to equity funds as Investors avoid the tax hikes

After October’s record outflows, prompted by fears, subsequently justified, that the Chancellor would hike capital gains tax,

Wealthy families shuffle towards UK exit door

New rules on resident non-doms (RND) announced in the UK Budget have created material uncertainty and could end up having counter-intuitive implications for the government.

Mercia announces Interim Results FY2025

The interim dividend will be paid on 8 January 2025 to shareholders on the register at the close of business on 6 December 2024.

HMRC issues scams warning as Self Assessment deadline looms

HMRC will never leave voicemails threatening legal action or arrest, or ask for personal or financial information over text message – only fraudsters and criminals will do that.

Average single homeowner in England with moderate pension savings to suffer £107k inheritance tax under new rules

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.

Inheritance and capital gains tax receipts rise with budget changes set to turbo charge data

This consistent upward trend underscores the government’s rationale for freezing the IHT threshold until 2030.