Related insights: Private Wealth

Thumbnail

End of tax year checklist

30 Nov 2022
Given recent tax changes, making the most of the planning opportunities available in the current 2022/23 tax year is, therefore, all the more important. With this in mind, this article outlines a non-exhaustive five point tax year end checklist which should help ensure you don’t miss out.
Thumbnail

Autumn Statement 2022: The impact on private clients

17 Nov 2022
This is how the Chancellor positioned his Autumn Statement to Sky News on the weekend. It set the tone: this Autumn Statement has completed the reversal from the "mini Budget" (with its £45bn of unfunded tax-cuts). In its place, the Chancellor has announced a balancing act between spending restraint, outright and immediate tax rises, stealth tax measures and fiscal drag. This has allowed him to limit some of the pain and even announce some new spending while ensuring that the tax take, combined with targeted spending cuts, improves the nation's finances over the next six years by a projected £55bn, helping to address that "very big deterioration".
Thumbnail

Tax relief on woodland

20 Jul 2022
Many farms and estates contain areas of woodland, but what tax reliefs are available in respect of woodland? Elisabeth Gubb discusses the potential reliefs and the information HMRC is likely to request.