Tax planning

HMRC collects £24.2bn with £127bn gains reported

America’s $40trn debt milestone is already narrowing the choices available in Britain’s October Budget. Advisers should watch how that pressure travels from the bond market into mortgages, tax and client plans, writes Phillip Wickenden.

‘This has undoubtedly had a huge impact on planning for many clients’

Statistics from Great Wrapper Reset paper

Unspent pension pots come into scope in eight months

'Further changes could be announced to pay for any shifts in policy'

'The sharpest sense of grievance may be among business owners'

'I believe IHT planning is becoming as much about psychology as legislation'

Figures ‘set to accelerate’

Could look to 10% levy on all estates, reports suggest