The 2020/21 end of the tax year guide
The current tax year will end on 5 April 2020, a date when many allowances and tax breaks will reset. In some cases, it will be your last chance to use them. Making use of appropriate allowances can help you get the most out of your money.
Our guide explains seven key allowances you should consider to ensure you’re ready for the 2021/22 tax year. This includes:
- Marriage allowance
- Pension Annual Allowance
- ISA allowance
- Gifting allowance
- Gifts from your income
- Capital Gains Tax
- Dividend allowance
Click here to download your copy of the guide.
Keeping on top of allowances and how to use them can be challenging. But creating a financial plan that helps you get the most out of your money can put your mind at ease. Please get in touch to discuss how you can make the most of allowances in the current tax year and put a plan in place for 2021/22.This article is distributed for educational purposes and should not be considered investment advice or an offer of any product for sale. This article contains the opinions of the author but not necessarily the Firm and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. Past performance is not indicative of future results and no representation is made that the stated results will be replicated.