With the end of the tax year fast approaching, I explore some last minute tax planning you might like to consider, as well as highlighting changes for the tax year ahead.

Click here to view or download our Year End Tax Guide

 

Business tax planning

Areas to consider for business planning include:

• Corporation Tax
• Business deductions
• Entrepreneurs’ Relief
• VAT 
• Penalties

Click here to read or download our guide with full details on the above areas and business tax planning ideas.

Personal tax planning

Areas to consider for personal planning include:

• Personal allowances and reliefs
• Taxation of savings
• Capital Gains Tax
• Inheritance Tax 
• Pension contributions
• ISAs
• Tax credits

Click here to read or download our guide with full details on the above areas and personal tax planning ideas.

 

Upcoming changes

There are upcoming changes relating to:

• Personal allowance and higher rate threshold
• Property and trading income 
• ISAs and the Lifetime ISA
• Help to Save 
• Class 2 National Insurance 
• Salary sacrifice schemes
• Carry forward of losses
• Large groups and interest costs
• Pensions
• Non-UK domiciles taxation

For more details on the upcoming changes, read our full guide here.

 

Get in touch

Give us a call on 01483 205850 today to discuss your circumstances and planning opportunities in time for the new tax year.