• FLM Wealth Management

Our thoughts on the winter plan

In the second episode of the Free Like Me podcast from FLM Wealth Management, we have Trishna (Trish) Hirani, Tax Adviser, and Sébastien (Seb) Le Barth, Senior Adviser, joining host Ben Smith, also a Senior Adviser. The focus of this episode is the recent announcement of the Winter Plan and what we might expect to see moving forward. The Free Like Me podcast aims to help people just like you navigate the complex world of financial planning.


As Ben introduces the significant stimulus spending from the government, the conversation starts with Seb and Trish speculating about what the obvious next course of action for the government could be. Both advisers have differing views on the possibilities, but agree that voting politics could play a role in the decision making process.


As talk moves into particulars, Trish helps listeners understand when specific issues like Capital Gains Tax might come into play, sometimes without an individual realising it. Seb and Trish also go on to discuss the current Stamp Duty relief and how that might change or progress.

From that point, Trish and Seb consider the logistics of a ‘wealth tax’ in the UK, how inheritance tax plays into future plans, and the difficulty surrounding pensions.


Finally, Ben asks Trish and Seb to share their views on what the most likely next steps will be for the UK budget. During this, they also provide insight into possible courses of action for individuals who want to better utilise or protect their investments.


If you’d like to hear more about navigating the world of financial planning and wealth management for people like you, tune in again for our next episode of the Free Like Me podcast.


Intro 0.00 - 01.57

  • Where the government is most likely to start recouping some of its debt

  • The ways politics could influence decisions

  • How supporting the housing market contributes to GDP growth

  • What a ‘wealth tax’ would look like in the UK

  • The complications from changes to pensions and lifetime allowance

  • Views on when the next full budget will happen

  • Seb’s predictions for upcoming changes

  • Trish’s views on what comes next

  • Tips for potential quick-win actions

Outro 28.27 - 28.40



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