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Withers' partner outlines pre-election actions for wealthy clients to take to manage tax risk

Will Sidery, 27/11/2019

With a General Election now less than two and a half weeks away, Withers’ partner Christopher Groves has recommended that clients take certain actions ahead of the vote on 12 December which could see Labour’s Jeremy Corbyn bring in sweeping tax changes aimed at the wealthy.

Mr Groves advised the following as practical actions which can still be completed before 13 December:

- Bring forward planned transactions such as asset sales and purchases, or dividends and bonuses, ahead of the election.

- Make gifts to children and others that you are anticipating making in the near future (for example helping with p...


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