Gareth Parsons, Saunderson House

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).

β€œA change in government has been the biggest concern amongst our clients,” says Gareth Parsons, financial planning director, Saunderson House. β€œIt 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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