Lack of expertise and confidence in tackling inheritance planning leads clients to lose out.
Government will confirm its intentions over the current 55 per cent rate in the Autumn Statement.
The sums in question could run into millions of pounds, depending on the scale of a taxpayer’s investment.
Changes to the Finance Bill are a “step in the right direction on the way to the full reforms”, says Skandia’s pension expert.
Advisers with expatriate clients, or whose clients’ investments span multiple jurisdictions, may find a more level playing field as global...
Tax avoidance scheme tells investors it is “not prepared to risk prejudicing anyone’s interests any further”.
Analysis & Opinion
Advisers need to consider the impact of both CGT and IHT to effectively plan for either, says Danny Cox.
Equity release products no longer leave vulnerable customers exposed to the threat of negative equity.
Insufficient pension saving has made alternative retirement options increasingly important but the jury is still out.
More on Tax Planning
From Pensions| Jul 02, 2014
Freedom to access pension savings could see one in 10 retirees lose their exemption from care costs, nursing agency warns.
Jun 30, 2014
Taxman confirms it is urgently updating the records of all employers affected and employers do not need to do anything.
Jun 27, 2014
Accountant warns new intestacy rules that have recently received Royal Assent mean inheritance tax plans must be reviewed “as a matter of urgency.”
Jun 26, 2014
The world’s most successful wealth owners recognise the limits of their own expertise and appoint specialist advisers, a report from law firm...
Jun 16, 2014
Measures to block abuse of ‘transfer of rights’ rules expected to bring in more than £160m, taxman says.