Why a 'wait and see' Budget approach could cost clients

'Some of the most impactful changes to the tax landscape have already been announced'

clock • 4 min read

Advisers who allow clients to "wait and see" may find themselves scrambling to implement strategies in a compressed window, or worse, missing out entirely on valuable planning opportunities, writes Andrew Aldridge

I recently spoke with an adviser who told me: "I have several clients who need to undertake tax planning and portfolio restructuring, but they're holding off until after the Budget; just in case." I have heard this sentiment more than once in recent weeks, and while understandable, it is also potentially costly. With the 2025 Autumn Budget scheduled for 26 November, making it one of the latest dates in recent memory (the latest since 2014 if my research is correct), advisers who allow clients to "wait and see" may find themselves scrambling to implement strategies in a compressed window,...

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