Navigating 'the most complex tax environment in decades'

With more investors likely to fall into the inheritance tax (IHT) net due to frozen thresholds and broader fiscal changes, French said that advisers will, as part of their Consumer Duty requirements, need to revisit estate planning strategies to help clients mitigate potential liabilities. The Autumn Budget confirmed that the nil-rate band of £325,000 and residence nil-rate band of £175,000 will remain frozen until April 2030, despite rising asset values. As a result, more estates are expected to exceed these thresholds, triggering IHT liabilities. In addition, from April 2027, unused...