By: Priyanka Hindocha
Priyanka Hindocha, Partner and Head of the Family Office division in the UK summarises the discussion points from a session in our November Family Investment Conference which looks at headline changes announced in the Autumn Budget.
The role of the panel that I moderated was to run
through the headline changes announced in
the UK Autumn budget.
So we started with talking about lifetime planning changes
to capital gains tax, to the taxation of carried interest,
pensions, et cetera.
We then turned to talking about the changes to the taxation
of non-UK domiciled individuals,
which are pretty fundamental changes that impact a lot
of the clients that we work with.
And finally, we talked about succession planning
and changes there, significant changes to relief such
as agricultural property relief, business property relief,
and the best way to support families through a process
of understanding the facts
and then the implications of the changes.
As an international family office, our role is
to both source and provide the expert advice
to support families through periods of change,
but also to practically implement that advice.
The skillset we have under our roof allows us
to coordinate the advice required
and to give the families that we work with the peace of mind
that their affairs are being dealt with, so
that they can focus on what really matters to them.