How Covid-19 has affected tax planning

Tax planning forms a fundamental part of the financial advice process, from tax efficient investing to gifting and inheritance tax arrangements.

And with chancellor Rishi Sunak facing nearly a £400bn shortfall due to the coronavirus crisis, many are expecting tax hikes as early as next year with the capital gains structure already in the crosshairs.

So, what effect has the pandemic had on tax planning, and what does the future look like for advisers going forward?

In this episode, reporter Imogen Tew is joined by Georgina Partridge, adviser at Plutus Wealth Management, Steve Carlson, director at Carlson Wealth Management and Nick Bird, senior business development manager at Octopus Investments to discuss the possibilities.

Then Imogen talks about the headlines of the week with fellow reporters Rachel Mortimer and Amy Austin.

The FTAdviser Podcast is the weekly podcast for financial advisers brought to you by FTAdviser.com.

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