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

Wealth planning in a changing tax landscape

Recent changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT) and business succession reliefs have altered the planning landscape for many individuals and families.

EY announces on-site quantum computing to help shape the next frontier of enterprise technology transformation

The new capabilities will support the processing of highly sensitive workloads in areas such as optimization, fraud detection, data protection and large-scale risk management.

Latest IHT statistics show frozen thresholds are ‘a wealth tax by stealth’

IHT liabilities hit another record high reaching £7.03bn

How rising mobility is reshaping tax and cross-border planning

As Indian business families’ presence becomes increasingly global, several tax and regulatory blind spots are emerging, often quietly but with significant long-term impact.

HMRC overseas tax information requests hit 5-year high

That makes HMRC a key source of intelligence for overseas tax authorities to identify hidden offshore assets and unpaid income tax.

UK PM Andy Burnham's tax agenda: SDLT reform, the 50p rate or even a wealth tax?

On tax, the Labour Party committed in its election manifesto not to increase National Insurance, the basic, higher or additional rates of income tax, or VAT.

Tax reform needed to boost growth in Scotland

Supporting Scottish growth, entrepreneurship and competitiveness

HMRC agrees average settlements of £16,500 with 500 crypto investors under disclosure schemes

A Freedom of Information (FOI) request by Identomat, a UK financial services compliance provider, revealed total settlements over 2024/25 and 2025/26 stood at £8,328,132.

Two percent minimum tax on richest households could raise £10 billion

The UK's richest households have become dramatically wealthier over recent decades while often facing lower effective tax rates than ordinary workers.

Burnham inherits rising IHT and CGT revenues as wealth tax debate grows

Burnham has previously argued for reform of wealth taxes and has expressed support for alternatives to the current inheritance tax system, although any significant changes would need to be carefully balanced against the government's wider economic pr

UK Payments on Account explained: Why HMRC wants more tax early

Many taxpayers are surprised when they file their Self-Assessment tax return, settle their tax bill, and then discover that HMRC is asking them to make an additional payment towards next year's tax liability.

IHT receipts hit record high of £2.3bn

Income tax, capital gains tax (CGT) and National Insurance Contribution (NIC) receipts for April 2026 to June 2026 were also at a record high at £132.1bn – an increase of £11.4bn.

HMRC whistleblower scheme could apply to 1,200 tax cases a year

Investigations producing returns of that size are likely to involve large companies, wealthy individuals or tax avoidance arrangements.

Baker Tilly International ranks among the world's top 10 M&A advisers

The network also ranked 5th globally in small-cap M&A, underlining its continued strength in supporting mid-market and small-cap transactions worldwide.

Rahul Sahgal about OECD tax: «Switzerland's attractiveness is eroding»

Rahul Sahgal, CEO of the Swiss-American Chamber of Commerce, which commissioned the study, accepts that some companies could then face top-up taxation.

One in five taxpayers dragged into income tax since threshold freeze

The result is that tax bands originally aimed at high earners increasingly capture ordinary professionals, while ministers can raise billions without ever having to announce a tax rise.

Frozen tax thresholds push higher-rate taxpayers to 7.7m

HMRC forecasts the number of higher-rate taxpayers will rise from 5.75 million in 2023/24 to 7.70 million by 2026/27.

Removing tax from food could cost £14m - minister

An assessment found those with the lowest household income would save 12% per year compared to the highest household saving 28%.

A modern replacement? New UK-NZ tax treaty signed

These are headline treaty rates only.

1 in 2 small businesses unprepared for new digital tax deadline

The findings come as sole traders and landlords move to HMRC's MTD for Income Tax requirements, which asks eligible taxpayers to maintain digital records and submit quarterly updates using compatible software.