IHT and CGT in spotlight as deficit leaps

The Office for Budget Responsibility (OBR) recently estimated that COVID-19 could cost the UK £298 billion for the 2020 / 2021 financial year. As the country emerges from lockdown, the stark reality of this staggering figure is capturing the headlines.

Judith Millar, Partner and Alastair Collett, Partner in our private wealth team discuss this in their recent article for Accountancy Daily.

The full article is available to subscribers, here.