The Conservatives have promised 'no new taxes' this Parliament, but George Osborne's 8 July Budget will still contain tax issues for wealth managers to consider, according to law firm Payne Hicks Beach,
Now that the Conservatives have, to the surprise of many, achieved a sizeable majority in the Commons, they will no doubt be busy putting into action their various pledges made in the course of the pre-election debates. The Finance Act 2015, which was enacted in a hurry before Parliament was dissolved for the May 2015 election, will be followed by a second one in July. So what tax pledges could be heard next month? Inherited wealth "It's your money, you worked hard for it - and you should be able to pass it onto your loved ones." In their manifesto, the Conservatives promised t...
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