HMRC issued their response on 21 July 2025 to the Government's draft legislation and subsequent consultation on the liability. Paul Squirrell, Fidelity Head of Retirement and Savings Development, provides an update on the main changes announced within this response along with a reminder of the proposals originally laid out.
There's still time to join the remaining sessions in M&G's Trusts School series. Build confidence in trust planning conversations with practical guidance, technical insights and CII-accredited structured CPD. The series runs until 16 July 2026.
Join Session 3 of our Trusts School series to explore key trust types, when to use them, and the pitfalls advisers need to watch for.
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