UK Budget 2026: The Return of Unthinkable Taxes ?

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What if the UK is heading back towards a tax system we thought we had left behind?

In this video I look at some of the more radical tax ideas being discussed around the 2026 UK Budget — including a possible exit tax, a wealth tax, higher inheritance tax, and further pressure on capital gains, crypto and even gold.

I am not saying all of these will happen in this Budget.

But I am saying that when governments come under enough financial pressure, taxes that once seemed politically impossible can start to look rather more realistic.

And Britain has been there before.

After all, this is a country that once taxed some investment income at 98%.

So perhaps the real question is not just what happens in this Budget — but where the direction of travel may lead over the next 5 to 10 years.

If you are thinking about leaving the UK — including relocating to the Isle of Man — these issues matter.

Many people assume that moving abroad immediately takes them out of the UK tax net. In reality, it is often more complicated than that, particularly for inheritance tax and long-term UK residents.

If you would like help understanding the practical issues around relocating to the Isle of Man, feel free to get in touch.

Katz & Co
???? https://www.katzand.co
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WhatsApp +44 (0) 1624 777900

This video is commentary only and not tax advice. Tax rules change, and the right answer depends on your own circumstances. Please take professional advice before making decisions.


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