Spring Budget 24: The changes advisers are hoping to see

Only two weeks to go until Jeremy Hunt delivers his second full budget

Hope Coumbe
clock • 2 min read

Inheritance tax (IHT), ISAs and income tax have come out top in our poll of what advisers are hoping to see at the forefront of the Spring Budget on 6 March.

Independent and restricted advisers who answered last week's PA Asks poll were overwhelmingly hopeful for announcements on tax cuts in what will be the UK's last budget before the next general election. "I'd like to see a full rationalisation of the tax system. It is ridiculous to tax people on an amount of money that they already cannot live on," one respondent said. "Do away with the whole of the current system." Another said they hoped for "clarity" and "no messing around". "No big giveaways," they added. "The current government are a busted flush - crass vote buying stunts will...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

How advisers should approach inheritance planning with clients

How advisers should approach inheritance planning with clients

Crucial for clients to discuss inheritance plans with their adviser

Stuart Ritchie
clock 22 November 2024 • 4 min read
Risk v reward: Applying to 'set aside' final orders in divorce

Risk v reward: Applying to 'set aside' final orders in divorce

Applications to set aside final orders are complex

Claire Andrews
clock 21 November 2024 • 5 min read
Personal representatives and IHT filing following the Budget

Personal representatives and IHT filing following the Budget

'The process of dealing with IHT papers can be onerous'

Blair Gould
clock 21 November 2024 • 4 min read