Update on the 3 March 2021 UK Budget

Presented by

John Williams, head of wealth planning at Nedbank Private Wealth and Rachel de Souza, Partner, Private Client Team at RSM UK

About this talk

With UK national debt at record peacetime levels, there is significant speculation that the UK's chancellor of the exchequer, Rishi Sunak, will have to raise taxes as he sets out his first budget on 3 March 2021. And the reviews by the Office for Tax Simplification into capital gains tax and inheritance tax have pushed these taxes to the top of the list, not least given the Conservative Party's manifesto pledge in 2019 (albeit before the pandemic hit) not to raise the rate of income tax, VAT or National Insurance. Hosted by John Williams, head of wealth planning at Nedbank Private Wealth, he is joined by Rachel de Souza from RSM UK. The firm is a global provider of audit, tax and consulting services and Rachel is a partner within its London private client team. John and Rachel will seek to set out the key changes announced the day before and flag what that means for private clients who file taxes in the UK.

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Nedbank Private Wealth is an award-winning boutique private bank, with an established track record of managing investment portfolios on a discretionary basis for discerning families, trustees and high net worth individuals.