Changes to gifting and PET rules
Discussion
Given that changes in the PET transfer time, a lifetime cap or other such changes are unlikely to increase tax revenues now (unless they are made retrospectively reaching 7 years back which seems very unlikely) how plausible are the?
The only reason would be to create a ‘tax the rich’ narrative in order to assuage real ‘working people’ (sic) facing a rise in income tax surely?
The only reason would be to create a ‘tax the rich’ narrative in order to assuage real ‘working people’ (sic) facing a rise in income tax surely?
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