The City of London Corporation has said the temporary rise in bank taxation announced in Chancellor John Healey’s maiden Budget “must end as scheduled”, calling for a long-term tax plan. Mr Healey confirmed that banks would pay a total surcharge of 6% on profits above £100m,
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Financial planners have the knowledge to help clients understand their goals and protect their interests. “Rightly or wrongly,” most clients are high-net-worth individuals who are retired and have more time to think about what they want to save or how to use their assets.
The UK Government is on course to raid a record £14.3bn in inheritance tax from UK families by 2029/30, according to the Office for Budget Responsibility. The nil-rate band has been frozen at £325,000 since 2009 and will stay frozen until 2030, while property, pensions and savings have c
