Challenge of navigating new IHT landscape
We might have expected that five months, one consultation document and thousands of tractors driven through London later, the dust might have started to settle. The challenge of navigating new...
Reeves puts HMRC on track for record inheritance tax haul
While Chancellor Rachel Reeves didn’t deliver any more tax-rising shocks in her Spring statement, it does not mean she has let higher earners with property assets off the hook. Reeves...
Smaller M&A deals now in scope of UK merger control rules
The thresholds for UK merger control have changed, putting some smaller M&A deals beyond the reach of the Competition and Markets Authority (CMA) while also giving it greater scope to...
Strange case of shooting UK’s investment story in the foot
Schemes that have boosted innovative UK start-ups hit by changes to business property relief in strange case of shooting UK’s investment success story in the foot. The UK’s Enterprise Investment...
Inheritance tax changes leave sour taste for family firms
British farmers dominated the initial debate over the Budget’s change to inheritance tax (IHT), but it is all types of family businesses that are impacted with profound implications on succession...
Legal Review 2024: Inheritance tax makeover in 2025
The Chancellor’s Autumn Budget calls time on three decades of a relatively benign inheritance tax treatment of wealth comprised in trading business. Since 1996, 100 per cent business property relief...
Royal London completes Aegon transfer, UK’s individual protection business
Royal London, the UK’s largest mutual life, pensions and investment company, with offices in Edinburgh, will see the completion of the transfer of life insurance, critical illness, and income protection...
Legal Review 2024: UK Budget delivers generational change in taxes for savers
In the hunt for new sources of tax revenue, the Chancellor, Rachel Reeves, has sent wealth managers, financial planning firms and client advisers back to the drawing board to find...
Legal Review 2024: Facing the challenge of IHT changes
For decades, agricultural property relief (APR) and business property relief (BPR) have enabled farmers and other businessowners to pass their business to the next generation without any inheritance tax (IHT). ...
Annuities are back in favour, but will it last?
There are many arguments for and against buying an annuity – the crucial thing is to talk it over with an expert There are powerful arguments for and against the...