Autumn Budget 2024: Chancellor extends IHT threshold freeze to 2030
Reeves also announced a new 20% IHT rate on AIM-traded shares
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
Fears the the tax-free rate would be slashed did not materialise
Higher rate of CGT has increased to 24%, while lower rate has risen to 18%
Will tick up to 2.6% in 2025, but fall to 2% by 2029
The company has published some recommended ‘pension tax principles’
Investments arm saw £1.5bn net inflows in the year to 30 September
A big increase in CGT rates could backfire
Tax-free lump sum withdrawals under threat
Removal of IHT reliefs reported to be in the sights of Chancellor Rachel Reeves
GSB’s Mauro De Santis Bo argues proposed reforms present a ‘complex challenge’
Labour has been ‘fairly quiet’ on inheritance tax