The Chancellor’s recent UK Spring Statement reaffirmed her commitment to the government’s economic strategy and, crucially for private clients, did not contain any further adjustments to the reforms originally outlined in the 2024 and 2025 Autumn Budgets which are due
More about In Trust – March 2026Commentary has increased in the last month or so: ‘Inheritance Tax on pensions has triggered a middle class panic’ said The Sunday Times in its Money section. The House of Lords Economic Affairs Committee also published a report at the
More about Inheritance tax on pensions is changing: how to prepare before 2027From 1 May 2026, the most far‑reaching reforms to the private rented sector in a generation, come into force. These reforms were introduced by the Renters’ Rights Act 2025 and apply to all existing and new private residential tenancies, including
More about The accidental landlord: inheriting a tenanted property and obtaining vacant possession – key changes from 1 May 20262026 begins with renewed momentum: fresh starts, evolving rules for wealth and estate planning, and a lively political backdrop. After a year of significant change in terms of tax policy and regulatory frameworks, we hope that 2026 brings greater certainty,
More about In Trust – January 2026It is worth a reminder of how we got here: as the rules stood, historically, there was no limit on the value of property which, if it qualified for 100% relief as agricultural or business property, could pass on death
More about Festive cheer for farmers and business owners as Government increases APR and BPR 100% relief limit to £2.5mMake use of available agricultural or business inheritance tax reliefs Currently, qualifying agricultural or business assets can receive up to 100% relief from IHT under agricultural property relief (APR) or business property relief (BPR) as applicable. From 6 April 2026
More about New year, new rules: key tax planning opportunities for the year aheadDespite them feeling like one of the family, under English law, pets are legally classified as chattels i.e. they are deemed items of property. In the eyes of the law, your beloved dog or cat is therefore treated much like
More about Bone of contentionFacing the unthinkable while young No one likes to consider a future where you pass away not having lived a long, full life, or where you have lost your mental capacity, especially when you are young, fit and healthy. However,
More about Safeguard your future: the importance of young people making Wills and Lasting Powers of AttorneyAs the dust begins to settle on last week’s Budget and the initial flurry of headlines subsides, we can breathe a sigh of relief that for now, we know the direction of travel on tax policy. As such, we expect
More about In Trust – December 2025Individual homeowners High value council tax surcharge The new high value council tax surcharge (the surcharge) is less severe than many of us expected from a long feared “mansion tax”, but it will still have a significant impact on those
More about Budget 2025 and residential property: time to assess