The insights of Rosamond McDowell have been kindly reproduced as presented below.
Rosamond McDowell, a Private Client Partner at Payne Hicks Beach, has shared her perspectives in Spears Magazine concerning the potential ramifications of forthcoming tax reforms. She asserts, “Inheritance tax has long been the Labour party’s favourite social leveller, a tax on the death estates of the idle rich, most hated by many of our clients, for whom it is either a further charge on their hard earned, already much taxed savings, or the tax most likely to see their long treasured homes and estates decimated.”
As the Budget draws nearer, her analysis provides valuable insight into how these changes could affect high-net-worth individuals financially.
To explore her full commentary, please click here: Spears Magazine
For further advice on Private Client law, email Rosamond or telephone on 020 7465 4379
