THE WIRE

UK summertime began early this year as the Met Office recorded our highest May temperatures on record. While the geopolitical temperature remains high, there are plenty of changes afoot closer to home, too, and it is in the UK that we broadly remain for our summer edition of The Wire.

From April 2027, the payrolling of benefits in kind will become mandatory. On paper, this is a simple change in process – a simplification and modernisation of an outdated system. In reality, for high net worth individuals (HNWIs), the shift will be far more tangible. By altering when you pay

FTAdviser reports that 1,000 taxpayers under the age of 30 earned more than £1 million in 2024/25. These young high earners took home more than £3 billion between them. That’s an average of £3 million each and means that under-30s – including Manchester City centre-forward Erling Haaland and former Love

Changes to Agricultural Relief (AR) and Business Relief (BR), first announced in the 2024 Autumn Budget, are now in effect. The measures place a cap on the Inheritance Tax (IHT) relief you can receive when passing on qualifying agricultural and business assets. Negative reaction to the plans in certain quarters

The end of the tax year is a busy time for advisers and planners, and for high net worth individuals (HNWIs) too. High levels of wealth bring added complexity and increase the need for tax-efficient planning. While we’re only a few months into the current tax year, it’s important to

The Iran War has dominated news headlines in recent months. Alongside the unimaginable human cost, the conflict has impacted global trade, caused stock market fluctuations, and seen the price of oil rise sharply. A month after the war began, oil prices, according to the US benchmark – West Texas Intermediate

Back in February 2026, the UK held its first “dusking” event as part of the annual Dark Skies Festival, which runs throughout the year. According to the Guardian, around 20 people gathered on the North York Moors to watch twilight give way to night. With mobile phones turned off, the