Expert views on Budget 2016
By International Adviser, 17 Mar 16
Members of International Adviser’s Tax & Technical Panel give their views and insights on chancellor George Osborne’s latest budget announcement.
“A tax reduction is always welcomed and the changes to capital gains tax in the budget are good news for many investors. Even with this, the choice of tax wrapper is still an important factor and with an effective estate planning and exit strategy investors can minimise any tax liability and make administration easier.
“Each wrapper offers distinct advantages: collective investments can provide natural income and allow the use of CGT allowances, and international investment bonds can be valuable for estate planning, offering simplicity and combined with an effective trust, allow wealth to be passed down through generations.”
Tags: Budget | CGT | Tax Avoidance | UK Adviser
