UK Budget introduces major changes to inheritance and capital gains taxes, reshaping financial planning.

Chancellor Rachel Reeves' Budget introduces major changes to financial planning, notably impacting inheritance tax and capital gains tax. The biggest shift involves redefining pensions, bringing unused pension funds under inheritance tax scope. Experts say this is the most significant change in financial planning in years, necessitating a reevaluation of investment strategies and highlighting the importance of quality financial advice.

November 12, 2024
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