Dentists Who Invest Podcast How Will Keir's Upcoming Budget Affect Dentists? with David Hossein
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Connect with David here: https://www.dentistswhoinvest.com/david-hossein
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Could capital gains tax soon mirror income tax? In this episode, we dive deep into how Keir’s upcoming budget could reshape the tax landscape for dentists. Our insightful guest, David, explores the 2024 budget’s potential tax changes, including how a £22 billion shortfall in public finances could lead to adjustments in capital gains tax, inheritance tax, and employers’ insurance. With Keir’s upcoming budget on the horizon, we focus on how these shifts might impact assets like stocks, shares, and dental practices, encouraging proactive steps in the current tax climate.
As Keir’s upcoming budget looms, we also examine potential alterations in pension contributions and national insurance charges. David shares his expert take on inheritance tax exemptions, rising capital gains tax rates, and how these changes could affect your financial planning. Should you sell your assets or contribute to your pension ahead of the budget? We break down the timing of these decisions to help secure your financial future amidst uncertainty. Stay informed and ready for whatever Keir’s upcoming budget brings by tuning into this crucial discussion.
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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.