Is a wealth tax on the cards to fund UK covid-19 recovery?
As 72% of MPs agree taxes should increase to fund public services
As 72% of MPs agree taxes should increase to fund public services
But taxman’s clampdown could see legitimate planning hit as ‘collateral damage’
Prolonged self-isolation could throw into sharp relief the importance of helping others
Deferral regime no longer on the table
After a contentious capital gains tax charge was introduced by the UK taxman in April 2019
RL360’s Neil Chadwick hopeful Treasury will see sense but says April is key redemption trigger deadline
Non-resident investors in UK property rich collective investment schemes face hefty tax liabilities
As it promises significant changes to retirement age, IHT, CGT and income regimes
And how it is affecting the international life insurance sector
It means advisers can give clients greater ‘personalisation’ of discretionary managed portfolios
Risk that billions could be withdrawn from UK property funds by Christmas
Change will come in force in April 2020, while current rules allow 22 months