Season Four
1. Autumn Budget 2024: Our Reaction and Commentary. In our first episode Edward Hayes, Tim Williams, and John Barnett provide their thoughts and commentary on the Budget 2024, looking at key changes to CGT, IHT, BPR and APR and the non-dom reforms whilst flagging some particularly interesting aspects of the new rules which may have been missed. To access a version with subtitles, please click here or to view a transcript, click here
2. Autumn Budget 2024: Key Takeaways for Trustees and Trust Companies. In our second episode Tim Williams and Catherine de Maid break down the Autumn Budget 2024 and its impact on trustees and trust companies, looking at key changes to the non-dom regime, and the impact of the proposed changes to APR and BPR, while offering some insight into what they have been hearing and seeing since the Budget. To access a version with subtitles, please click here or to view a transcript, click here.
3. Autumn Budget 2024: Considerations and options for landowners. In our third episode Tim Williams and Tom Hewitt discuss the impact of the Budget on landowners, giving a quick overview of the key changes to APR and BPR, anti-forestalling rules and changes to CGT, whilst setting out what options are available for landowners looking to reduce their exposure and the caveats to be aware of. To access a version with subtitles, please click here or to view a transcript, click here.
4. Autumn Budget 2024: Implications for non-doms and international individuals. In our fourth episode, Edward Hayes is joined by Emma Heelis-Adams to discuss the implications of the budget for non-doms and international individuals, offering up some practical advice on steps individuals can take and the timeline for these. To access a version with subtitles, please click here or to view a transcript, click here.
5. Autumn Budget 2024: Navigating the challenges for entrepreneurs and family businesses. In our fifth, and final episode of season 4, Guy Broadfield is joined by corporate and M&A partner Dominic Davis and director Julie Book to discuss the impact of the Budget on entrepreneurs and family businesses, highlighting what actions business owners should be taking and when. To access a version with subtitles, please click here or to view a transcript, click here.
Season Three
1. Residence & Domicile – what, why and how? In episode one Helen MacLeod joins Edward Hayes and Tim Williams to discuss the concepts of residence and domicile. They summarise the meaning of each term, why they are so important in UK law and how they are tested. This is the perfect introduction for someone looking to get a basic understanding of these key concepts and will give you all the context you need to follow future discussions about how they might change under a Labour government. To access a version with subtitles, please click here or to view a transcript, click here.
2. Inheritance tax: what is it? Part one – the basics and jargon. In episode two of the new season, Sarah Carlyon joins Tim Williams and Guy Broadfield to discuss inheritance tax. They explore the basic principles and unravel the meaning of some of the tricky IHT jargon. This is a great introduction and reminder of the key inheritance tax concepts and will provide a solid foundation before we take a deep dive into some of the trickier reliefs in the next episode. To access a version with subtitles, please click here or to view a transcript, click here.
3. The Budget 2024: A new world for non-doms. In this Spring Budget special episode,Tim Williams, Edward Hayes and John Barnett discuss the aspects of the budget most relevant to the private wealth industry and high-net-worth individuals. They look in particular at the impact of the non-dom changes, how competitive they look when compared to other jurisdictions and what, if anything, non-doms should be doing now in response. To access a version with subtitles, please click here or to view a transcript, click here.
Timestamps
1:24 - High level overview of the non-dom changes
2:33 - High level overview of other important measures for clients announced in the budget
5:28 - Non-dom changes in detail
4. Inheritance tax: what is it? Part two – a deep dive into reliefs. In this episode, >Tim Williams, Guy Broadfield and Sarah Carlyon discuss some of the main inheritance tax reliefs. They look in particular at business relief and agricultural property relief, the relevant conditions to be met and how those rules impact estate and succession planning for individuals and families, especially business owners and landowners.
5. Non-dom proposals: where are we now and where might we end up? In this episode, Guy Broadfield, Edward Hayes and Helen MacLeod discuss the overhaul of the non-dom regime. They summarise what the proposed changes for individuals and trusts are, the differences between the Conservative and Labour positions and what clients should be doing now in response. From the impact on protected trusts and excluded property trusts to the transition rules, this podcast covers everything you need to know about the proposals and when they might actually come into force. At the time of recording there are rumours that Labour may be making further announcements in the near future so please look out for a special update once we hear more! To access a version with subtitles, please click here or to view a transcript, click here.
Timestamps
02.30 - Summary of the proposals for individuals.
10.30 - Summary of the proposals for trusts.
15.50 - Will this happen?
20:44 - What should clients be doing?
6. Natural Capital and what it means in the world of Private Wealth.
In this episode Tim Williams is joined by Kevin Kennedy and Ross Simpson to discuss what Natural Capital is, the impact it is having and what landowners should consider when engaging with these sorts of projects. They provide an expert breakdown of the key terms and influencing factors including biodiversity net gain, carbon credit trading, environmental land management schemes, and nutrient neutrality whilst also assessing the immediate and future impact that natural capital projects will have on both landowners and tenants. To access a version with subtitles, please click here or to view a transcript, click here.
Timestamps
00.50 - What is Natural Capital?
02.10 - The key terms & Glossary
10.42 - What are we seeing people in the space doing already?
15.38 - What issues should landowners consider with these projects?
22.47 - The tax treatment for landowners.
25.29 - The impact on tenants.
7. UK immigration law: options and considerations for HNW clients.
In this episode of Death and Taxes (and everything in between), Edward Hayes and Myra Leung discuss the immigration options available to high-net-worth individuals looking to come to the UK. From indefinite leave to remain, citizenship and visa routes to helpful tips for navigating the application process, they summarise the key points and give practical advice for those considering a move. To access a version with subtitles, please click here or to view a transcript, click here.
The Autumn Statement 2023
The Autumn Statement 2023 – Much Ado About Nothing for private clients? (to access a version with subtitles, please click here or to view a transcript, please click here)
Season Two
Death and Taxes returned for a second season in January 2022, discussing a range of issues facing private clients and their advisers. Each podcast featured interviews with specialists across the Burges Salmon Private Wealth team, focusing on topical issues facing the sector.
1. Cross-border probates (to access a version with subtitles, please click here or to view a transcript, please click here)
2. How divorce and disputes impact succession plans in family business – Part 1 (to access a version with subtitles, please click here or to view a transcript, please click here)
3. How divorce and disputes impact succession plans in family business – Part 2 (to access a version with subtitles, please click here or to view a transcript, please click here)
4. How to make a difference: philanthropy for private clients (to access a version with subtitles, please click here or to view a transcript, please click here)
5. How to make partnerships work for your business (to access a version with subtitles, please click here or to view a transcript, please click here)
6. Scaling a business: what founders and investors need to know (to access a version with subtitles, please click here or to view a transcript, please click here)
Season One
You can still listen to our podcasts from Season One, which can be downloaded here. The episodes available are:
1. Trust disputes: 'The worst of times' – issues for trustees to consider in a recession (To access a version with subtitles, please click here).
2. Family: what you need to know about divorce (To access a version with subtitles, please click here).
3. Capital Gains Tax: what are the proposed reforms and will they happen? (To access a version with subtitles, please click here).
4. Buying second homes - new taxes and old structures (To access a version with subtitles, please click here).
5. Selling your business: how to make a successful exit (To access a version with subtitles, please click here).
6. Budget 2021: the rest is yet to come (To access a version with subtitles, please click here).
7. Strategic land: key considerations for landowners (To access a version with subtitles, please click here).
To learn more about our private client expertise, please visit our webpage.