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An update on one of life’s certainties. What is happening to UK property tax?

Rachel de Souza of RSM joined Colin Campbell and John Williams to discuss UK property tax changes, how these might be mitigated and answered our audience’s questions in a 45 minute webinar.
Published 26 November
30 mins, plus Q&A

One of America’s founding fathers, Benjamin Franklin, famously cited that death and taxes were the only two certainties in life anywhere in the world. What is less well known is that for nearly all of two decade leading up to him signing of the Declaration of Independence, Benjamin Franklin lived in London at 36 Craven Street, Charing Cross.

Colin Campbell, private banker and lending specialist, led a discussion on recent changes to UK property taxation and how people could plan to ensure that any of these changes can be included in their plans for managing their wealth. The original 30 minutes was extended to answer our audience’s questions.

On the agenda was the policy changes that have recently come into force (such as the stamp duty holiday due to end on 31 March 2021), and those that have been announced but are yet to take effect (such as the additional 2% stamp duty surcharge for overseas buyers from 1 April 2021). The panel also flagged the options that have been floated by policymakers, but have yet to form UK government policy (such as the potential realignment of capital gains tax levels with income tax bands).

Joining Colin on the panel were:
– Rachel do Souza, partner in the London private client team at RSM
– John Williams, head of wealth planning at Nedbank Private Wealth

about the presenters

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John Williams

John Williams

John heads up the wealth planning division for the international business. He works with clients and their families, in tandem with their professional advisers, to ensure they have a clear wealth plan in place to help them achieve their financial and lifestyle objectives. Working in partnership with our teams of private bankers, he integrates the benefits of wealth planning alongside our broader wealth management and wealth structuring capabilities.

 

John has over 25 years of advisory and management experience, working for global organisations providing advice and solutions to a wide variety of UK and international clients. He joined from Credit Suisse UK where he was head of wealth planning for five years. He has also held similar senior roles at Barclays and UBS.

 

John is a Chartered Financial Planner, a Fellow of the Personal Finance Society and is a full member of the Society of Trust and Estate Practitioners (STEP).

Rachel

Rachel de Souza

Rachel is a partner in the London private client team at RSM. She deals with a wide range of issues which affect private clients with a particular focus on non-domiciled clients and offshore structures. She also specialises in advising trustees and members of International Pension Plans.

 

Rachel joined RSM in November 2016 from The Royal Bank of Canada where she was joint head of the London private client tax team. Prior to that Rachel spent 12 years with PwC. Her interest in advising international private clients began early in her career when she did her first overseas secondment in the mid 1990s and she gained further international experience in 2001/02 when she worked in PwC’s Geneva office.

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