With some saying that the government’s focus on UK investment has brought a renewed sense of optimism and stability to the tax-efficient investment space, Isabel Baxter explores if advisers need to utilise these schemes more…
Chancellor Jeremy Hunt's focus on boosting the funds of UK businesses remains and part of this was his decision in November's Autumn Statement to extend the sunset clause for these schemes to April 2035. But does this present a new opportunity for the advice profession? The idea of tax efficient investing remains topical, as research by HSBC Life found that the demand for tax-effective investment advice is likely to increase as 50% of surveyed advisers' clients are higher rate taxpayers while nearly a third (32%) are additional rate taxpayers. ‘A renewed sense of optimism and stabilit...
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