search.noResults

search.searching

saml.title
dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
55


As we look towards 2022, we see the clarion calls for higher taxes grow ever louder. Campaigners push for new levies like a so-called ‘wealth tax’, designed to punish


CHARLOTTE RANSOM


CEO of Netwealth and former Goldman Sachs partner


The origin of wealth is ever-evolving. If we think back in time, wealth was principally the preserve of powerful families who had amassed fortunes over the centuries and continued to dominate in terms of their roles and responsibilities in society. More recently, there has been a dramatic change in terms of who else has been able to create extraordinary wealth, whether entrepreneurs or employees across technology, finance, real estate and other fast growing industries. This has meant that while there are still significant financial imbalances across society, the middle class has expanded enormously and wealth generation is not only acceptable, but also recognised as driving change that is now so integral to our way of life, such as the hyper-growth technology businesses we all increasingly rely on. In the future, fortunes will continue to be made and lost, and some aspects of wealth management will remain quite consistent. There will always be a need, for example, to plan for the retirement years or to consider inheritance and wealth transfer; however, among many other things, technological advances have helped raise awareness and allowed for much improved access to information. I suspect that those who generate wealth in the future will be more caring, with greater interest in addressing societal imbalances and increased focus on environmental and socially responsible investing, as well as philanthropy. We already see these newer strands in overall wealth planning, in particular with respect to addressing different philosophies when clients plan for cross-generational wealth transfer. I believe wealth will be considered in a more rounded fashion, intertwined with a focus on long term health – mental and physical – and with stronger links to helping the overall greater good than in the past.


those that have worked hard, saved smart or done well. Yet as our research has shown – and many taxpayers will know first-hand – we are already being hammered by the highest sustained tax burden in 70 years. Government can’t bully its way to economic growth, and unleashing the investment we desperately need will ultimately require lower and simpler taxes to unlock wealth, jobs and


prosperity for the whole country.


JOHN O’CONNELL Chief executive of the TaxPayers’ Alliance


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100