UK Tax and Succession Planning: Recent trends, opportunities and pitfalls

Join Rachel Davison and Tom Connock of Taylor Wessing for a practical and insightful discussion on the latest developments in UK tax and succession planning, with particular focus on the changes introduced following the Autumn 2024 Budget.

The session will explore key trends, planning opportunities and potential risk areas affecting individuals, families and trustees, including:

• The evolving UK tax landscape, including the Foreign Income and Gains (FIG) regime and recent Inheritance Tax reforms, with a focus on internationally mobile clients and trustee considerations
• Business succession planning in light of the reforms to Business Property Relief (BPR)
• The Temporary Repatriation Facility (TRF): practical applications, current trends and strategic considerations
• US/UK cross-border tax and succession planning opportunities for clients with connections to both jurisdictions
• The potential implications of recent trust law decisions

This session is designed to provide practical insights into the changing tax environment and the key considerations for advisers and clients navigating these developments.