Brits have weeks to pass on these assets to avoid expected tax budget raid | Personal Finance | Finance [Video]

Fears the Chancellor will mount a Budget tax raid with changes to Inheritance Tax and Capital Gains Tax has triggered a 72 per cent surge in demand for financial advice.

Thousands of people are seeking tax advice on how to shield their wealth from what is predicted to be one of the biggest tax-raising Budgets seen since the war.

Polling suggests the majority of Britons put protecting and improving public services, such as the NHS, ahead of concerns about increases in taxes.

However, the same polling shows that millions are simultaneously trying to limit their own tax liabilities, according to research by finance experts at Unbiased.

It said: “Demand for financial advice for many personal finance areas, including capital gains tax (CGT) and estate planning, soared since the General Election compared to the same period in 2023.

“There is also more demand for financial advice for accounting, tax planning, and …