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

Modernising the tax framework for financial institutions and financial services

The paper calls for decisive action to simplify and modernise the EU tax framework applicable to financial institutions in order to strengthen Europe’s competitiveness, growth capacity, and strategic autonomy.

Five pension tax-free cash myths and misconceptions

Taking it is also often the first thing that savers think about doing with their pension.

Grant Thornton relocates Cambridge office amid continued growth

With Cambridge’s historic ties to education and scientific research, the regional team plays a key role in advancing digital innovation across the UK firm, helping to embed data-led ways of working.

Six concluding thoughts

The Monday Briefing

HMRC tax take hits £87.3bn as fiscal drag drives record PAYE

Quilter tax and financial planning expert Rachael Griffin said the figures “reflect the ongoing impact of frozen income tax thresholds”.

April sees softer CGT and IHT receipts but tax pressures continue to build

The start of a new tax year typically offers a reset for household finances, but that is increasingly not the case.

Six costly inheritance tax mistakes families must avoid

Head of estate planning Ian Dyall: Watch out for these commonplace ‘DIY estate planning’ misconceptions and oversights

Ukraine, Germany sign new double taxation avoidance agreement

The new agreement updates taxation approaches in accordance with Organization of Economic Cooperation and Development standards and changes tax rates on passive income in the source state.

Hold and review: An approach for investments and tax

Circumstances may change and regular review is crucial, but the aim is to accrue value over time.

Why inheritance tax proves Britain is grotesquely unequal

The real question is not whether the government can afford to, or should, tax wealth.

Utmost warns UTT extension could fuel further exodus of wealthy individuals

The Uncertain Tax Treatment rules were first introduced in 2022 to close the tax gap

Seizing the 2027 Mandate: How advisers can capitalise on the end of pension IHT exemptions

Capitalising on this shift will mean looking beyond the technicals and viewing it through with a growth and transition lens.

Frozen thresholds drive millions into higher tax bands | Additional rate taxpayers rocket 57%

“HMRC data reveals how the powerful tide of fiscal drag is increasing the UK tax burden by sweeping millions into higher tax brackets, and into paying tax for the first time"

Number of higher and additional‑rate taxpayers soar as frozen thresholds reshape the taxpaying public

This shift is no longer confined to traditionally high‑paid professions.

Wealth specialists warn of risks to estate planning as IHT receipts reach record £8.5bn

Fifth consecutive year of record growth for IHT receipts

Aberdeen ramps up support as tax year demand rises

The provider said the rise reflects the increasing complexity of financial planning, with advisers requiring more support during a busy and time-sensitive period.

Wealth taxes face design flaws, compliance gaps, EU study finds

It is published in two volumes, with the first surveying academic research across five categories of taxes and mapping wealth-related tax regimes in EU Member States.

UK inheritance tax: The mounting impact on British families

Inheritance tax (IHT) has quietly become one of the UK Treasury’s most reliable revenue raisers.

HS278 Temporary non-residents and Capital Gains Tax (2026)

There can also be tax payable on certain income accruing during a period of temporary non-residence.

Tax rules for employment intermediaries

This Inbrief focuses on the employment intermediary or agency rules.