Autumn Budget 2024: AIM company fears ‘overblown’ as 20% inheritance tax applied to junior market
London’s alternative investment market now only sees a 50% relief from IHT applied to its constituents
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
91% of advisers said that CGT is now of greater concern
The company has published some recommended ‘pension tax principles’
The platform is calling on the government to commit to a ‘Pensions Tax Lock’
A big increase in CGT rates could backfire
Total outflows increased to £2.1bn in the first half of its financial year
Tax-free lump sum withdrawals under threat
The VCTs already have total net assets of £200m
HMRC data shows a 36% increase in people liable for CGT since 2019/20
Removal of IHT reliefs reported to be in the sights of Chancellor Rachel Reeves
Capital gains tax may be outstanding