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Private Client Law Blog

12 November 2024

Unpacking the Budget: the impact on UK businesses

The Budget last month sent shockwaves through the UK’s farming and family business communities with the revelation that from 6 April 2026, 100% IHT relief through Business (Property) Relief (“BR”) and Agricultural Property Relief (“APR”) will be capped at £1m of assets (combined agricultural and business property) and over that amount, will be charged at an IHT rate of 50%. Currently there is no limit to the amount of either relief.

Sophie Voelcker

6 November 2024

The Terminally Ill Adults (End of Life) Bill

An Assisted Dying Bill has been introduced before Parliament with MPs set to debate the issues before a free vote on 29 November.

James Ward

31 October 2024

Budget 2024 - Private Client Briefing

Please see below for our immediate thoughts on pertinent parts of the Budget affecting our client base but do let us know if you have any questions or there is anything you wish to discuss.

James Ward

30 October 2024

Budget 2024 - Briefing

Today, the new Labour government announced its eagerly awaited budget. In this special briefing our private client and tax experts consider what the announcements will mean for you, your family, and your business.

James Ward

4 October 2024

Estate & Tax Planning for LGBTQ+ Private Clients: Civil Partnership v Marriage – what’s the difference?

It is reported that same sex couples are statistically more likely to live together without marrying or entering into a civil partnership than heterosexual couples, and there is a mistaken belief that ‘common law spouses’ or ‘common law marriages’ exist in the UK. There is no such thing as a ‘common law marriage’ and, subject to any future changes to cohabitation laws (laws relating to couples who live together but are not married/in a civil partnership), cohabitants do not have the same legal rights as married couples or civil partners upon divorce or dissolution.

Lucy Bluck

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