Ahead of the budget on 30 October 2024, Marilyn McKeever discusses in WealthBriefing concerns about inheritance tax (IHT), capital gains tax (CTG), and other levies that are driving individuals to expedite the transfer of assets and the selling of stakes in businesses.
With a focus on the anticipated increase in capital gains tax as well as the fears about changes to inheritance tax reliefs, Marilyn wonders what might happen next.
In an article for WealthBriefing, partner Marilyn McKeever states:
'Individuals are accelerating their estate planning and making gifts now to the next generation, or bypassing children in favour of grandchildren, to ensure the gifts will be tax free, provided the donor survives seven years, and/or are eligible for business or agricultural property relief’
The full article can be read on the WealthBriefing website.
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