Rather than any single flagship measure, several tax ideas keep resurfacing in the Budget debate, from property reform and a possible return of CGT indexation relief to taxing middle earners more. Michael Edwards sets out the levers advisers should have on their radar, and what to do about them now
It does nobody any good to predict what the Autumn Budget might bring us in late October, or to pay heed to rumours circulating. I believe it's far more sensible to consider what advisers should have on their radar at present, because at some stage the new government could choose to pull a handful of tax levers. Let's look at each in turn. Property/wealth-adjacent reform A cluster of often co-discussed ideas have surfaced. One involves bringing in additional 'mansion' tax-style measures, perhaps fuelled by calls from some for more tax on wealth, not income. Another lever – one wi...
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