Wealth tax? Not quite, but here’s what’s changing

Wealth tax? Not quite, but the landscape is shifting.

While a formal wealth tax has not been introduced, several existing taxes are being adjusted that affect high-net-worth individuals.

Here’s what we’re seeing so far:

• Capital gains tax – increases mean property, and business sales are being taxed more heavily.
• Inheritance tax – while no dramatic overhaul yet, thresholds remain frozen, putting more estates into the net as asset values grow.
• Non-dom reforms – changes are being fast-tracked, reducing tax advantages for UK residents with overseas links.

We help clients stay ahead of these changes, not just react to them, whether it’s succession planning, asset structuring, or navigating complex tax rules.

Get in touch: info@verallo.com