Hi Everyone

The end of the tax year is approaching and it may be a good time to review your tax affairs .

Any additional pension plan contributions paid before the 5th April will get full tax relief in this tax year rather than having to wait up to a year if paid after the 5th April.

If you invest in ISAs, you will need to pay in before the 5th April to use up the allowance for this tax year.

If you are self employed, consider whether any upcoming expenditure can be accelerated into this tax year as the relief will be achieved a year earlier.

If you are employed, it would be wise to check that your Tax Code for the next tax year is correct.

Consider taking advantage of Inheritance Tax and Capital Gains Tax Annual Exemptions . Use them or lose them !

Please contact me if you need any advice

Geoff

geoff@gpb.tax