Utmost Wealth Articles Archive

The companies in the Utmost Group can take no responsibility for any loss which may occur as a result of reliance on this information. The information is based on our understanding of current legislation. Utmost is not able to provide any legal or tax advice.

Budget Predictions 2020

Simon Martin, Technical Services Manager I would imagine that we will see some changes to the IHT regime, but I hope they don’t throw the baby out with the bathwater.  Some of the IHT exemptions provide for perhaps unnecessary complexity and I think it’s likely that the budget may align with some of the suggestions … Continued


Our Selection Bond from Utmost PanEurope now has a new conversion option which could assist financial advisers when reviewing their clients’ UK IHT planning. To find out more, get in touch with your Regional Sales Manager or download the Conversion Guide

Reliefs and Exemptions

A brief summary explaining some of the reliefs and exemptions available to UK resident tax payers as part of wider IHT planning. Download the summary here

Order of gifts

Our latest technical briefing looks at various issues surrounding making gifts in an Inheritance tax efficient manner. It uses specific examples to focus on the impact of the timing of making gifts into trusts. It goes on to explain why care should be taken where multiple gifts have been made or are intended. Download the … Continued

Retirement Planning

Barry Foster considers how clients can best plan in terms of investment selection and tax wrappers for a healthy financial retirement. Download the full article here

Protected settlements and Offshore Income Gains (OIGs)

It was widely understood that the “protected Settlements” legislation did not include OIGs within the definition of protected foreign source income. Despite a recent technical argument that OIGs fit the description, HMRC have confirmed that they do not accept that OIGs from non-reporting funds qualify as protected foreign source income and no statutory amendments are anticipated … Continued

The removal and retirement of trustees

This technical briefing looks at situations that could necessitate a change of trustees and consider the options available to ensure the trust can still be effectively administered. Download the BRIEFING here

Autumn Budget 2018

The Chancellor of the Exchequer, Phillip Hammond, delivered his second autumn budget against the backdrop of ongoing Brexit negotiations and persistent uncertainty. Our updated technical briefing and tax table represent our current understanding of the major issues arising from the autumn budget 2018. Download the TECHNICAL BRIEFING  Download the UK TAX TABLES SUMMARY