Are Family Investment Companies (FICs) the best way to preserve family wealth or do trusts still have the edge?
A short summary of the first and second reports on the Capital Gains Tax Review published by the Office of Tax Simplification and the outlook for CGT from our tax team.
Tax policies and consultations papers released from HMRC on what many are calling Tax Day. The summary document covers modernising tax administration, tackling non compliance and makes further tax policy announcements.
Balancing paying the £400 billion Covid bill versus stimulating consumer demand and business investment. The Budget 2021 predictions are caught in the same dilemma.
Following Rishi Sunak’s economic statement to the House of Commons on 11 Jan 2021, Craig Simpson, tax partner at Bates Weston, looks at the tax changes that may be ahead in the Budget on 3 March 2021.