There’s a lot of scepticism and concern about what the new Labour government might look to do in the upcoming October 2024 budget, whether they are going to reduce allowances for various taxes, introduce new ones, remove exemptions, or effectively rewrite the ‘rule book’.
Richard Dundee, Partner in our Private Client team takes a closer look from a private client perspective on the current position.
In his podcast, Richard discusses:
- The importance of inheritance and tax planning
- Inheritance Tax, Capital Gains Tax and various reliefs
- What changes are likely in the October 2024 Budget
- How to prepare for any upcoming changes
Our next episode with Richard will see him address the points raised in the upcoming budget and answer any questions that listeners have. If you have any queries that you would like Richard to answer, please email richard.dundee@wrighthassall.co.uk.
Disclaimer: This podcast contains material for general information purposes only and does not constitute legal or other professional advice. Every effort is made to ensure that the content is accurate and up to date but users should always seek specific legal advice before taking, or refraining from, an action or relying on the legal information given here.
Although Wright Hassall can assist with a number of legal matters, individuals should visit the firm's website or make direct contact to confirm whether the legal advice or service required is provided.