One perhaps less talked about consequence of Wednesday's 'tax baby tax' Budget could be that more family-owned UK businesses (and even farms) decide to either sell themselves, IPO, or move abroad in order to avoid the inheritance tax changes coming into effect on 6th Apr'27 - alongside a deluge of wealthy individuals seeking to optimise their incomes and assets in order to more efficiency manage their tax affairs.
If so, then it will mean a lot of new work coming down the track for corporate finance teams, IFAs, lawyers, estate planners, accountants, and tax/pension advisors - such as Peel Hunt, Cavendish, Tatton AM, PensionBee, JTC, St James' Place, XPS Pensions, and even possibly FRP Advisory and Begbies Traynor.
Never mind hopefully also helping to kickstart a new wave of IPOs that should refill the depleted ranks of UK listed companies, especially on AIM.
