Quilter warns IHT on pensions plan risks ‘significant problems’ for families
The firm called for a ‘flat-rate tax’ instead
The firm called for a ‘flat-rate tax’ instead
Record annual IHT take last tax year of £7.5bn likely to be beaten
The ‘nil rate band’ has been frozen at £325,000 since 2009
‘Massive’ impact on some families
Most notable early impact so far has been felt in the AIM market
Autumn Budget brings changes to capital gains tax, employer’s National Insurance and debt policy restructure
Reeves also announced a new 20% IHT rate on AIM-traded shares
London’s alternative investment market now only sees a 50% relief from IHT applied to its constituents
A big increase in CGT rates could backfire
Removing IHT relief from AIM likely to result in significant volatility
Removal of IHT reliefs reported to be in the sights of Chancellor Rachel Reeves
Triple Point’s Diana French on how advisers are using Business Relief in their regular financial planning