How much is there really in the Bank of Mum and Dad?
The CEBR has recently released research indicating that in 2017 the total amount passing from one generation to the next was £69 billion.
To read more on how billions saved in the older generation’s piggy bank is not out of the Revenue’s reach, head to Spear's Wealth Management Magazine.
Related in brief posts
HMRC has launched a consultation on a review of the government's principles for taxing trusts. Fiona Poole examines the review in more detail.
In a bid for ever-increasing transparency, the UK government intends to continue the trend with the introduction of a further beneficial ownership register.
Eesha Arora and Sophie Wettern offer some ideas for navigating intergenerational conflicts in wealthy families