Tax Planning Webinar: Post Budget Impact Assessment

Date Posted:Tue, 12th Nov 2024

Tax Planning Webinar: Post Budget Impact Assessment

The UK Autumn Budget will be delivered by Chancellor Rachel Reeves on 30 October, the first Budget from a Labour government since 2010. While the government has pledged not to increase taxes “on working people” and to leave corporation tax unchanged, we expect the Budget to address manifesto commitments on non-domiciled status, offshore trusts, carried interest and stamp duty. There has also been widespread speculation about potential reforms to capital gains tax (CGT), inheritance tax and pensions.

 

The Webinar will be divided into 3 parts:

Part 1: Overview of the key tax changes following the publication of the detailed proposals expected on or around the Budget. These will include:

1. Abolition of remittance basis and its replacement with the FIG regime. 

2. Overhaul of Inheritance Tax

Also flag any measures that were effective from Budget Day and other key changes in the pipeline.

Part 2: Impact Assessment on Existing Structures

1. Excluded Property Trusts

2. QNUPS

3. Family Investment Companies

Part 3: Potential Planning and Restructuring

1. How to re-structure those structures impacted by the Budget.

2. Most tax efficient new structuring

3. Becoming non-resident: where to go? 

Click here to register for the webinar.