Private Client Tax in 2021: Plus ca change?
Claire Weeks and Sophie Wettern Kirk summarise the tax changes for private clients in 2021 in an article for Tax Journal.
2021 has been another remarkably stable year for the private client industry, with very few changes to the tax regime and little of note in the Autumn Budget. Despite wide speculation that reforms to the Capital Gains Tax and Inheritance Tax regimes, or even the introduction of a wealth tax, may be used to form part of the Covid-19 strategy, nothing has materialised. As with previous years, there has been a continued focus on transparency. A newer area of focus has been the taxation of cryptoassets.
To read Claire and Sophie's article in full please click here if you have a subscription to Tax Journal or on the attachment below.
Private Client Tax in 2021: Plus ca change? - 136.9 KB
Related in depth posts
Join us at our upcoming MEET | THE | EXPERTS webinar, 'Succession Planning in the Middle East', taking place on Thursday 25 November.
With the COP26 Summit having drawn to a close, there are calls for the Government to turn rhetoric into action. Could rewilding and APR be an easy win?
Our summary of the main announcements affecting individuals in the 2021 August Budget.