Tax planning

'As pensions lose some of their tax advantages, EIS is coming to the fore in estate planning conversations'

MTD initiative is aimed at modernising and simplifying the tax system

‘Advice will be more valuable than ever’

But government likely to ‘stubbornly stick’ with proposals, expert says

Advisers urged to guide clients as IHT benefits of giving remain underused

Advisers warned to prepare clients as new rules drag more families into IHT net

Inclusion of unused pensions in IHT will come into effect 6 April 2027

'Despite these changes, pensions remain incredibly tax-efficient tools'

Provisions in the Finance Bill 2025/26 explained

Treasury also reviewing rules around taper rate