The complexity of the UK tax system means advisers from all disciplines need to work together to achieve the best outcomes for their clients, writes Dawsons Solicitors partner Robert Macro.
Labour’s time in government saw increasingly complex updating of tax rules in the UK and the introduction of several very complex rules surrounding anti-avoidance issues. The “austerity” budget introduced by the new coalition Government will bring further changes, adding another burden to advisers to high net worth private clients. Indeed, it is likely that the way advisers (legal, financial, accountancy or otherwise) advise their clients will change as advisers of all disciplines will need to look to each other and work together to provide their clients with a robust holistic service if...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes