I am a farmer owning an agricultural estate worth several million. How will the inheritance tax changes announced in the Autumn Budget affect me and can I do anything to minimise the extra tax my estate may need to pay?
More about In Trust – Ask the expertThe Autumn Budget on 30 October 2024 (“the Autumn Budget“) introduced a myriad of tax changes designed to address economic inequality, reduce the so-called “black hole” in the national finances and fund public services, while also influencing the financial landscape
More about In Trust – Welcome from the editorIn this “stop press” edition of our Globally Speaking e-bulletin, we provide our initial thoughts on the most highly anticipated Budget in the UK for a generation; the first by a Labour government in fourteen years and more significantly the
More about Globally Speaking: Stop press the Autumn Budget 2024This was the headline for Rachel Reeves’s first Budget. She spoke for one and half hours in a wide ranging speech which contained many of the changes announced during the last few weeks but also some surprises. We set out
More about Autumn Budget 2024: Fixing the foundations to deliver change?Wealth holders have always been stewards of their own wealth; increasingly that stewardship requires wealth holders to act responsibly. But what does being a responsible wealth steward mean, and who is this responsibility to, and why does it matter? The
More about What does it mean to be a responsible steward of wealth?We are pleased to bring you this Stop Press special edition of In Trust. Our next main issue will be after the Autumn Budget on 30 October 2024 but in the meantime we provide this interim update on the Labour
More about In Trust – What does the new labour government mean for private clients?Some key highlights of legal updates affecting the Private Client industry over the past month are as follows. Tax policy – Autumn Budget On 29 July, Chancellor Rachel Reeves delivered a fiscal update to Parliament in which she announced that
More about Private Client Legal Update – August 2024Please note that this article was published before the non-dom legislation was finalised and brought into force on 6 April 2025. In this “stop press” edition of our Globally Speaking e-bulletin, we provide an update on how the publication of
More about Government clarifies non-dom policy: What do we know now?As we fast approach the date of the General Election and the possibility of new Downing Street residents, we attempt to cut through the political rhetoric and focus on those areas that may be of most concern to our clients
More about 2024 General Election: All change?According to the Law Commission, a predatory marriage is one where a person marries someone, often someone who is elderly or who lacks the mental capacity to marry, as a form of financial abuse. They might, for example, marry an
More about For Better, For Worse: A Cautionary Tale After Langley v Qin