Budget
Financial planning | 23 Jan 24
IHT take hits £5.7bn as government mulls changes in the Budget
Average bill on course to be £239,000 in the current tax year
IHT receipts reach £4.6bn ahead of Autumn Statement announcement
As people eagerly wait to hear what is in store for the tax
‘Seismic change’ in pension tax landscape as lifetime allowance scrapped
MPAA has been reset to £10,000 and annual allowance will be £60,000
What should advisers expect to see in the Budget?
Despite little ‘wiggle room’, major announcements are anticipated
Tax cuts fail to save lacklustre Spring Statement
Sunak pledges to go ‘further’ on reliefs and allowances