Wealth planning

Changing rules, regulation and allowances

Jonathan provides an insight into the forthcoming UK tax changes

09/01/2017

Jonathan Brownlow

Jonathan Brownlow

Wealth Planner

Against the backdrop of a former Shadow Chancellor enjoying unexpected national popularity as a result of his efforts on Strictly Come Dancing, Philip Hammond delivered his first (and last) Autumn Statement on 23rd November.

The Statement did not create many surprises; even the announcement that the Autumn Statement would cease in its current form had been well reported in advance.

The Chancellor’s statement also included forecasts on the future of the UK’s prosperity over the next few years, principally a forecast from the Office of Budget Responsibility (OBR). In that sense, the new Chancellor and former Shadow Chancellor’s challenges became similar: how to remain popular with the public whilst receiving potentially negative comments from experts.

A reprieve for relief

Individual Protection 2014

Savings

Tax allowances

Tax incentivised investments

Non-dom draft legislation

Investment bonds

Author

Jonathan Brownlow

Jonathan Brownlow

Wealth Planner

This article is issued by Cazenove Capital which is part of the Schroders Group and a trading name of Schroder & Co. Limited, 12 Moorgate, London, EC2R 6DA. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 

Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.

This document may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.

All data contained within this document is sourced from Cazenove Capital unless otherwise stated.

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