HMRC reports itself to police over tax bill suicides
As many as seven deaths could be linked to the anti-avoidance measure
Irwin Mitchell
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Financial planning for diverse clients requires an open mind
As many LGBT+ customers struggle to access financial advice altogether
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Brits not planning for later life care
It could impact inheritance for their children
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Issues over client’s mental capacity need better understanding
Advisers should have regular, updated training about what they need to look out for
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Inheritance – one of the last ‘taboo’ topics
Only 24% of UK parents have openly discussed planning matters with their children
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Impact of mental incapacity on financial planning
Powers of attorney have limits – especially when overseas assets are involved
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Private pension wealth biggest issue in divorce cases
It is ‘critical that couples seek professional advice, both legal and financial’ on a settlement
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Later life planning on the agenda for young Brits
But majority of over 55s are not putting anything aside for old age care costs
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‘Careless’ UK taxman causing needless stress
Withdrawn accelerated payment notices show ‘lack of understanding and attention’ from HMRC
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UK home office to reform ‘golden visas’
‘In the post-Brexit environment, it is important that the UK remains open to the best and brightest’
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UK government slammed for U-turn on ‘golden visa’ suspension
Millions of pounds of investment potentially put in jeopardy
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Establishing a family office in the UK for an overseas family
Running a UK family office has unique issues, says Irwin Mitchell Private Wealth’s Alex Ruffel