Tax planning

Eight key takeaways

With Inheritance Tax expanding and pensions coming into scope, now is the time for advisers to engage clients. Discover how to turn uncertainty into opportunity with strategic estate planning conversations.

Will be able to instruct scheme administrators to pay

Unused allowance transferable between spouses and civil partners

OBR estimates this will raise £900m a year from 2027/28 onwards

Will bring in £1.2bn a year

Compensation payments exempt ‘regardless of the circumstances’

From 2028/29

Extended until 2030/31

From ISAs, to tax and VCTs