Tax uncertainty facing the UK election is main concern for HNWIs

According to a survey published by Saunderson House, a London-based wealth manager, a change in government and a rise in taxes are the primary threats to financial independence and wellbeing amongst high net worth individuals (HNWIs).

“A change in government has been the biggest concern amongst our clients,” says Gareth Parsons, financial planning director, Saunderson House. “It is the uncertainty of what future tax legislation there may be and not being able to plan, rather than not wanting to pay their fair share of taxes.”

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