Tax planning

Unused allowance transferable between spouses and civil partners

OBR estimates this will raise £900m a year from 2027/28 onwards

Will bring in £1.2bn a year

Compensation payments exempt ‘regardless of the circumstances’

From 2028/29

Extended until 2030/31

From ISAs, to tax and VCTs

PIMFA’s Simon Harrington touches on the reality of any changes

Speculation around gifting and trust taxation rules expected

Clients needing CGT support doubles to 37%