The end of the tax year....

March 14, 2019

With the end of the 2018/19 tax year in a couple of weeks have you considered all your tax planning options before the end of the tax year?

These include:

  • Ensuring all your dividends have been taken up to the 40% threshold (where there is available profits and cash)

  • Bringing forward any large expenditure that you may be thinking of incurring, just by moving it from April to March results in the tax relief being given 12 months earlier.

  • Assessing if you can make additional pension contributions (subject to available annual limit and cash)

  • Making use of your Capital Gains Allowances if you are planning to dispose of any personal assets,

These options are all dependent in individual circumstances so please contact us if you need any further assistance.

 

 

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