Pre-Budget webinar: how prepared do you feel for 26 November?
In our Pre-Budget webinar, Adrian Kemp and Toby Carpenter shared practical guidance on preparing for the 26 November statement, from reviewing your financial structures to anticipating any tax changes. Their key message: stay calm, act on facts and plan ahead.
Pre-Budget webinar with Adrian Kemp and Toby Carpenter
With the Autumn Budget on the horizon, questions around tax changes, government spending and international implications are front of mind for many investors and advisers.
In our recent pre-Autumn Budget webinar, Wealth Planning Directors, Toby Carpenter and Adrian Kemp, explored the potential impact of upcoming fiscal decisions and what they could mean for clients in the UK and internationally in the Crown Dependencies. They explored the current landscape and shared practical guidance on how to prepare and - just as importantly - what to avoid doing.
They discussed:
• What you should and shouldn’t do - from reviewing your financial structures to avoiding reactive decisions
• The big picture - the UK’s financial position, deficit challenges and the balance between spending and tax
• Tax revenue targets - which areas could be ‘raided’ to raise funds, including ISAs and introducing wealth taxes
• ISAs - could caps be introduced to encourage capital flow into stock markets?
• Personal vs. wealth tax - what’s on the table and who could be affected
• International perspective - why expats and globally connected families should pay attention
• Planning mindset - stay calm, act on facts not speculation and seek advice before making changes.
Looking ahead, the key message is patience and preparation are essential. Whether you’re UK-based or internationally connected, understanding the potential changes and reviewing your financial position now can help you stay ahead of the curve.
