Tom Hopkins: This isn't just tax efficiency - it's Britain's future

Patient Capital Review

clock • 5 min read

Tom Hopkins fears the responses to the Patient Capital Review consultation may fall upon deaf ears and urges advisers to remember there is always a way forward

Judging by most of the media coverage of the Patient Capital Review, it is a worry that despite the wide-ranging consultation, the government has already made up its mind and could unleash a determined assault on the tax-efficient sector. Let's begin with a reminder how we have all understandably arrived at this confusion. The government undertook the Patient Capital Review in an attempt to review how the UK is supporting growth businesses, especially in a post-Brexit world. The main reason is to see how it can replace inflows from the European Investment Fund (EIF), a European Union ...

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

More than one in five UK adults lack confidence in inheritance planning

More than one in five UK adults lack confidence in inheritance planning

Retirement planning and investments also areas where people lack confidence

Isabel Baxter
clock 20 November 2024 • 1 min read
Advisers face surge in demand as more deaths set to trigger IHT charge

Advisers face surge in demand as more deaths set to trigger IHT charge

Proportion of deaths subject to IHT will rise from 5.1% to 9.5% by 2029/30

Isabel Baxter
clock 14 November 2024 • 2 min read
Evelyn Partners CEO Geddes warns of 'stifling' CGT change impact

Evelyn Partners CEO Geddes warns of 'stifling' CGT change impact

Paul Geddes urges for caution on tax changes

Jen Frost
clock 18 October 2024 • 2 min read