UK families advised to protect wealth ahead of Autumn Statement with potential tax increases.

Financial experts are advising UK families, including those abroad, to proactively safeguard their wealth ahead of a challenging Autumn Statement, which may introduce significant tax increases. Labour leader Sir Keir Starmer has indicated that short-term financial pain is expected. Strategies suggested include making annual gifts, utilizing tax allowances, and consulting financial advisers to navigate potential capital gains and inheritance tax hikes.